Elm City, NC Home Values & Market Trends
Real estate market trends reflect that there have been 120 transactions over the past year in Elm City. The median value for residential home transactions that occurred over the previous year is $268,205. The number of current listings in Elm City is 122, and the percentage of properties for sale in the city is 122.00%. Elm City, NC currently has 9 properties in foreclosure, 2 bank owned properties, 5 properties headed for auction, and 122 properties for sale.
Elm City, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 27822 | $ 268,205 $ 171/sqft |
Housing Market Summary for Elm City, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $272.5K | $271.8K | -0.28% |
| Median Sold Price | $154.2K | $204.7K | 32.71% |
| Homes For Sale | 65 | 121 | 86.15% |
| Homes Sold | 54 | 61 | 12.96% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elm City, NC
Browse Homes in Elm City, NC
Elm City home values range from $53,826 to $899,900. The median estimated value of a home in Elm City is $268,205. The median list price of a home is 271,750, and the total count of properties in the city is 202.
- Pre-ForeclosurePre-foreclosure homes account for 0.99% of all residential properties in Elm City, NC with 27822 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elm City, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $432,595 in 27822 to the lowest home value of $129,367 in 27822.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elm City, NC ranges from the highest value of $189,783 in 27822 to the lowest value of $179,900 in 27822. Bank owned homes and properties account for 0.99% of properties in Elm City, NC. There is 1 zips within Elm City, NC; 27822 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27822 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Elm City, NC. Auction homes and other auction properties account for 2.48% of all properties in Elm City, NC. There is 1 zips within Elm City, NC; of that zips, the median estimated home value for homes going to auction ranges from $425,201 in 27822 to the lowest value of $178,469 in 27822.
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Guide for Elm City, NC
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.