Elon College, NC Real Estate

According to census data in the year 2000 there were 1,984 housing units in Elon College. This represents a 78.3% growth from 1,113 in 1990.

Of those housing units, 1,953 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.

Homeownership rate in Elon College is about 63.9%. Elon College's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Elon College were built after 1983.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom4%
Two Bedrooms29.80%
Three Bedrooms44.20%
Four Bedrooms18.30%
Five Bedrooms or more3.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1982
Median Value of occupied units$160,800
Median Price asked for vacant units$150,000

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1984
Median Monthly Rent asked for vacant units$677

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan17.40%
Simple Mortgage40.40%
Debt Free34.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%