Elkin, NC housing market
The typical Elkin home is worth about $235,000, up 3.9% in a year, 30% below the North Carolina typical home.
Home values, sales, trends and how Elkin compares with the towns next door — updated as new data is published.
Elkin at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Elkin | North Carolina |
|---|---|---|
| 2017 | $119,000 | $179,000 |
| 2018 | $121,000 | $190,000 |
| 2019 | $128,000 | $203,000 |
| 2020 | $136,000 | $215,000 |
| 2021 | $158,000 | $242,000 |
| 2022 | $180,000 | $287,000 |
| 2023 | $201,000 | $320,000 |
| 2024 | $212,000 | $332,000 |
| 2025 | $227,000 | $338,000 |
| 2026 | $229,000 | $336,000 |
| August 2026 | $235,000 | $335,000 |
Elkin and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Elkin | $235K | +3.9% | $950 | $60,740 |
| Pleasant Hill | $87K | +18.9% | $950 | $52,381 |
| Jonesville | $157K | −10.4% | $930 | $29,837 |
3.9 years of income
The typical Elkin home costs about 3.9 years of the town's median household income, less than across North Carolina (4.6 years).
How Elkin ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $950
HUD's Fair Market Rent for a two-bedroom in Elkin is $950 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Elkin pay a median of $807, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.
Studio $750 · 4 bedrooms $1,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28621; Surry County, NC), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Elkin
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.