Home Values

Elkin Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Elkin is $129,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Elkin is 2.4%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Elkin homeowners underwater on their mortgage is 10.1%.

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Relative ZHVI
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Elkin Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $129,900 Median listing price
  • No data Median sale price
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Elkin Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 10.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Union Grove $137,100
Yadkinville $113,000
Hamptonville $109,100
Name Median ZHVI
Boonville $102,300
Jonesville $70,700
 

Listings & Sales

Data through Dec 31, 2014
  • $65 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.8% Listings with price cut
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Elkin Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $970 Elkin
    $971 Mount Airy Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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