Home prices
The cost of the median home in Elroy is $94,400. Compared to its surrounding areas it is about $69,220 (42%) lower.It is about $123,100 (56%) lower in comparison to the entire country, and compared to the city of Raleigh it is about $153,900 (61%) lower.
Rents
The median monthly rent in Elroy is $736. In comparison to the surrounding areas it is about $216 (22%) lower.In comparison to the US as a whole it is roughly $326 (30%) lower, and is approximately $385 (34%) lower in comparison to the city of Raleigh.
Nearby places
Goldsboro
Goldsboro is Elroy's neighbor to the northwest. The real estate prices there are somewhat more expensive. Goldsboro's median home cost is $127,300, which works out to $32,900 (25%) higher than Elroy. Its rents are a bit more expensive. The median monthly rent in Goldsboro is $791, which works out to $55 (6%) higher than Elroy.
Walnut Creek
Walnut Creek is approximately 3 miles southeast of Elroy. Housing prices there are substantially more expensive. The price of the median home in Walnut Creek is $373,600, which comes out to $279,200 (74%) higher than Elroy. Its rents are significantly more expensive. Walnut Creek's median monthly rent is $1,700, which comes out to $964 (56%) higher than Elroy.
Brogden
Brogden is roughly 5 miles southwest of Elroy. The real estate prices there are a little less expensive. The median home cost in Brogden is $82,700, which is $11,700 (14%) lower than Elroy. The rent there is somewhat less expensive. The median rent in Brogden is $694 a month, which comes out to $42 (6%) lower than Elroy.
Mar-Mac
Mar-Mac is roughly 6 miles west of Elroy. Housing prices there are a bit more expensive. The median home value in Mar-Mac is $128,200, which works out to $33,800 (26%) higher than Elroy. Its rents are a bit less expensive. In Mar-Mac the median monthly rent is $699, which comes out to $37 (5%) lower than Elroy.
La Grange
La Grange is approximately 6 miles east of Elroy. The housing prices there are a bit more expensive. La Grange's median home cost is $106,300, which is $11,900 (11%) higher than Elroy. The rent there is somewhat more expensive. The median rent in La Grange is $875 a month, which comes out to $139 (15%) higher than Elroy.