28 homes sold in Elroy in the last year, at a typical $229K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elroy homes are listed.
Every place Elroy homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elroy.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Elroy’s sales, at a typical $229K
28 homes sold in the year to March 2026.
typical sale · 28 sold in 12 months
- Per square foot
- $153NC $207
- Days to sell
- 51
- Sold over asking
- 18%
- Listings with a price cut
- 31%
About as many homes sell as usual, at 1.8 times the 2018 price
28 sales in the last year, against 45 in 2022 and a low of 18 in 2024. The typical sale went from $128K in 2018 to $229K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Elroy
Check a listing against what Elroy homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elroy are rarer than before the pandemic, but 29% fewer homes come up for sale
We read every month of Elroy’s home sales since 2018 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to March 2026, 28 sales.
If you’re buying in Elroy
- Shop in February. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
- Bid near asking. Buyers paid 98.4% of the list price on average; 18% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 51 days.
Summer brings the homes; winter brings the bidding wars
June has the most new listings (about 3 a month), but January is the most competitive: 50% of January sales close over asking. February offers nearly as much choice with fewer homes bid up (29%). December has the least competition (24%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like North Carolina as a whole
| Elroy now | 2017–19 | 2021 peak | NC now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 25% | 68% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 4% | 0% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 31% | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 96.4% | 100.8% | 97.9% |
| Days to sellMedian days from listing to contract | 51 | 93 | 54 | 60 |
6 homes for sale on a typical day
That’s 3 times the 2023 low (2), 29% fewer than in 2017–19 and well under 2018’s 12.
1 in 3 listings has cut its price
31% in the last year, against — in 2017–19 and 28% across North Carolina.
Source: Redfin Data Center, city market tracker, January 2018 to March 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elroy home costs about $1,325 a month
Price: Elroy’s typical sale, last 12 months. Property tax at Elroy’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elroy is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $229K home, about $1,570 a year.
Taxes vs. neighborsSchools
The schools grade for Elroy, from test results, graduation and how much students grow.
Schools in ElroyCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Goldsboro, Mar-Mac, La Grange and Mount Olive sell for less a square foot
The busier markets within 25 miles of Elroy, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Goldsboro | 299 | $211K | $138 | 23% | 52 |
| La Grange | 58 | $261K | $141 | 22% | 101 |
| Mar-Mac | 54 | $273K | $146 | 22% | 42 |
| Fremont | 40 | $249K | $153 | 25% | 116 |
| Elroy | 28 | $229K | $153 | 18% | 51 |
| New Hope | 20 | $238K | $149 | 15% | 60 |
| Mount Olive | 20 | $154K | $101 | 10% | 69 |
Redfin Data Center, April 2025 to March 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elroy, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elroy. People who follow the town see it, and so do people comparing Elroy with their own town. No commission, no listing fee.
Questions about buying a home in Elroy
What do homes sell for in Elroy, NC?
28 homes sold in the year to March 2026 at a typical $229K, $153 a square foot.
Is Elroy a buyer’s or seller’s market?
A seller’s market: 4 homes were for sale in March 2026 and 3 sold, about 1.3 months of supply. Buyers paid 98.4% of asking on average, and 31% of listings cut their price.
When is the best time to buy in Elroy?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elroy?
About 0.7% of a home’s value a year. On a $229K home that’s near $1,570.
Where can I see homes for sale in Elroy?
Zillow, Redfin, Realtor.com and Homes.com all carry Elroy’s MLS listings; the search links above open each one filtered to Elroy.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).