Home prices
The median home cost in Elkin is $137,800. Compared to nearby areas it is about $24,200 (21%) higher.In comparison to the US as a whole it is roughly $79,700 (36%) lower, and in comparison to the city of Charlotte it is approximately $82,500 (37%) lower.
Rents
The median monthly rent in Elkin is $549. It is about $113 (17%) lower compared to its surrounding areas.Compared to the rest of the country it is about $513 (48%) lower, and compared to the city of Charlotte it is roughly $586 (51%) lower.
Nearby places
Jonesville
Jonesville is Elkin's neighbor to the south. The real estate prices there are a lot less expensive. The price of the median home in Jonesville is $98,600, which comes out to $39,200 (39%) lower than Elkin. Rent there is pretty similar. Jonesville's median rent is $563 a month, which works out to $14 (2%) higher than Elkin.
Pleasant Hill
Pleasant Hill is Elkin's neighbor to the west. Housing prices there are somewhat less expensive. The median home value in Pleasant Hill is $125,200, which works out to $12,600 (10%) lower than Elkin. The rent there is a lot more expensive. Pleasant Hill's median rent is $1,023 a month, which works out to $474 (46%) higher than Elkin.
Ronda
Ronda is about 5 miles southwest from Elkin. Real estate prices there are significantly less expensive. Ronda's median home value is $74,000, which comes out to $63,800 (86%) lower than Elkin. Rent there is a little more expensive. The median monthly rent in Ronda is $582, which works out to $33 (5%) higher than Elkin.
Boonville
Boonville is approximately 6 miles east of Elkin. The real estate prices there are pretty similar. Boonville's median home price is $137,000, which is very similar to Elkin. Its rents are a bit more expensive. In Boonville the median rent is $588 a month, which works out to $39 (6%) higher than Elkin.
Dobson
Dobson is about 10 miles northeast from Elkin. Housing prices there are pretty similar. The median home in Dobson is valued at $133,200, which works out to $4,600 (3%) lower than Elkin. The rent there is similar. In Dobson the median rent is $553 per month, which is very similar to Elkin.
