Elon Homes under $400,000

Welcome to Elon, North Carolina—a charming town that beautifully blends small-town warmth with a vibrant community spirit. Nestled in the heart of Alamance County, Elon is renowned for its picturesque landscapes, rich history, and a strong sense of community. With a population of just over 10,000 residents, this quaint town offers a peaceful retreat while still being conveniently located near larger cities like Greensboro and Burlington.

Elon is perhaps best known for being home to Elon University, a prestigious institution that adds a youthful energy and cultural vibrancy to the area. The beautiful campus is a hub for arts, education, and community events, making it a focal point for residents and visitors alike. The town is also dotted with charming parks, delightful local shops, and a variety of dining options that cater to all tastes.

For those seeking a home in Elon, you’ll be pleased to discover a range of options available for under $400,000. Whether you’re looking for a cozy single-family home, a modern townhouse, or a spacious property with a yard for the kids to play, Elon has something to suit every lifestyle and budget. The real estate market here is thriving, providing opportunities for first-time buyers, families, and retirees alike.

With its friendly atmosphere, excellent schools, and a strong sense of community, Elon is not just a place to live; it’s a place to call home. Come explore the possibilities and find your perfect abode in this delightful town!

Newest Elon Homes under $400,000

$218,000

3 Beds ⋅ 3 Baths ⋅ 10195291 MLS ⋅ ACTIVE Status

Welcome to easy living in the heart of Elon! This beautifully remodeled 3 bed, 3 bath FIRST FLOOR condo blends style, comfort and convenience. Enjoy luxury vinyl plank flooring throughout, LED recessed lighting, and updated fixtures. The kitchen shines with granite counter tops, painted cabinets and all updated appliances. Each bedroom offers its own bathroom-perfect for privacy, guests, or roommates. Bathrooms feature tile-looking vinyl flooring for a clean, modern feel with low maintenance. Located just miles from Elon University, shopping and dining, this move-in ready condo is ideal for homeowners or investors alike. Fresh, functional and ready for its next owner. Seller is offering up to $5,000 in buyer concessions with accepted offer.

302 Campus Walk Trl, Elon

$259,900

3 Beds ⋅ 3 Baths ⋅ 10194779 MLS ⋅ ACTIVE Status

This well-maintained home offers a solid foundation and a great opportunity for buyers looking to add their own personal touches. With a few updates, this home can be refreshed to suit your style and preferences. A great option for a homeowner or investor looking for a property with potential and room to make it their own.

305 Westminster Dr, Elon

$209,000

3 Beds ⋅ 3 Baths ⋅ 10194474 MLS ⋅ ACTIVE Status

Elon parents & investors, this is the one! This third floor - that means high ceilings, a vaulted living room, & a skylight! - polished rental comes fully furnished & is currently occupied with tenants. And it's fully rented through July 31, 2027, to finish out the academic year! Current Elon parent sellers have made many improvements during their 3-year ownership, including a new front door, new refrigerator/dishwasher/washer/dryer, & new LVP flooring installed in bedrooms/bathrooms in 2025. A favorite for the tenants is a beautiful & bright sunroom. A separate dining room adds valuable space to this bright & cheery condo. One last thing - & it's WONDERFUL! - the owners' most recent improvement is a brand-new HVAC system - just installed in July 2026! Priced to sell at $209,000, this well-maintained, furnished Partners Place condo is ready for YOU...come check it out SOON!

303-102 Campus Walk Trl, Elon

$279,900

3 Beds ⋅ 2 Baths ⋅ 10194074 MLS ⋅ ACTIVE Status

GREAT BUY in Elon! Lots of potential with this FIXER UPPER in established Providence Place community. Tucked away on a partially wooded lot, this home offers 1,600+ square feet with 3 bedrooms/2 baths, living & dining areas, sunroom, kitchen. Brick fireplace. Needs significant rehab/repair - being sold AS IS, no exceptions. TAX RATES=Ala Co $0.494 / Town of Elon $0.40 per $100 valuation. SCHOOLS=Highland Elem, Western Middle & High. Seller asks that all offers be submitted on NC OTP with POF or pre-approval ltr.

1232 Jamestowne Dr, Elon

$270,000

3 Beds ⋅ 1 Baths ⋅ 10189580 MLS ⋅ ACTIVE Status

A rare find—brick ranch on 2 acres with major updates and space to expand. This 3-bedroom, 1-bath home features hardwood floors throughout, a beautifully remodeled bathroom, new HVAC, updated plumbing, a new hot water heater, and a 2020 roof, giving buyers confidence from day one. The unfinished basement is a blank canvas ready for your vision. Outdoors, the fenced acreage is ideal for pets, gardening, or simply enjoying the privacy of your land. With all appliances included—including new front-load washer and dryer—this property delivers unbeatable value, modern improvements, and future potential in one package. Schedule a showing today!

216 Underwood Rd, Elon

$350,000

3 Beds ⋅ 2 Baths ⋅ 10188949 MLS ⋅ ACTIVE Status

Welcome to 1416 Stone Gable Drive in the charming town of Elon -- a beautifully maintained 4-bedroom, 2-bath home offering approximately 1,862 square feet of comfortable living space just one mile from Elon University. This move-in ready home combines thoughtful upgrades with everyday functionality. The spacious living room features a striking industrial ceiling fan and cozy gas log fireplace, creating the perfect gathering space year-round. The kitchen is equipped with a gas oven ideal for home chefs and entertaining alike. The finished garage adds exceptional versatility with built-in shelving for organized storage or workspace needs, while the full attic provides abundant additional storage space. Recent maintenance includes a serviced HVAC system for added peace of mind. Outside, the professionally installed French drainage system enhances the property's long-term durability and drainage efficiency. Conveniently located near shopping, dining, and the heart of Elon.

1416 Stone Gables Dr, Elon

$209,000

3 Beds ⋅ 3 Baths ⋅ 10188220 MLS ⋅ ACTIVE Status

LOCATION, CONVENIENCE & INVESTMENT POTENTIAL! Just 2 miles from Elon University, this fully furnished 3BR/3BA condo is ideal for Elon parents, investors, or anyone seeking convenient, low-maintenance living. Each bedroom features a private bath and walk-in closet, perfect for students, roommates, or guests. The open floor plan offers a spacious living area and kitchen, plus separate dining. Furniture, appliances, and stackable washer/dryer are included, making this truly move-in or rental ready. HOA includes water, sewer, trash, and exterior maintenance. Recently reduced and priced to sell! An excellent opportunity for parents of an Elon student to own nearby with potential to rent additional bedrooms, or for investors seeking a furnished property

203 Campus Walk Trl Unit 203, Elon

$210,000

3 Beds ⋅ 3 Baths ⋅ 10186515 MLS ⋅ ACTIVE Status

Elon University Living at Its Finest - 3 Bedroom Condo with Private Suites & Campus Shuttle services. Steps from everything you need. This exceptional property sits minutes from Elon University with a dedicated campus shuttle stop right in the community—no more parking hassles, just hop on and go. Three spacious private bedrooms, each featuring its own attached full bathroom and generous walk-in closet. No more sharing bathrooms—every resident enjoys complete privacy and comfort. Soaring vaulted ceilings and an abundance of natural light streaming through oversized windows and skylights create an airy, open atmosphere. The sunroom offers a bright retreat for morning coffee or study sessions, while the separate dining room and great room—finished in luxury vinyl plank—provide elegant spaces to entertain or unwind. The spacious kitchen boasts ample cabinetry and a full pantry for all your storage needs. Dedicated laundry closet with stackable washer and dryer included. Turnkey property that is ready for your ideas and dreams.

102 Campus Walk Trl Unit 301, Elon

$234,000

2 Beds ⋅ 1 Baths ⋅ 10185910 MLS ⋅ ACTIVE Status

**NEW PRICE WITH 1 YEAR HOME WARRANTY AND $1,000 TOWARD CLOSING COST'S!** Private backyard retreat with an in-ground pool! This charming 2-bedroom, 1-bath home offers an inviting combination of comfortable living space and exceptional outdoor amenities. The private fenced in backyard takes center stage with an in-ground pool, back deck, and space to enjoy the outdoors. Inside, fresh paint creates a clean, refreshed feel throughout. The large owner's suite provides plenty of room to relax and features ample closet space for convenient storage. The eat-in kitchen offers a functional space for everyday meals, while the front porch adds welcoming curb appeal. With its manageable layout, fresh interior paint, front porch, back deck, one car detached garage, and exceptional outdoor space, this property offers a unique opportunity to enjoy a private pool and backyard setting in Elon while still being conveniently near shopping and dining. Come see this property and experience the outdoor space for yourself!

2843 Holyfield Rd, Elon

$320,000

3 Beds ⋅ 3 Baths ⋅ 10185048 MLS ⋅ ACTIVE Status

Spacious 3-bedroom, 3-bath home offering over 2,667 square feet in the Manning Crossing community. Built in 2014, the home features a functional layout and convenient access to Elon University, shopping, dining, and major roadways. The interior may benefit from cosmetic updates, offering an opportunity for a buyer to make it their own. This is a court-ordered sale, and showings may be limited due to tenant occupancy. Sale is subject to court approval and the applicable 10-day upset-bid period.

219 Trimble Dr, Elon

$338,999

3 Beds ⋅ 3 Baths ⋅ 10183361 MLS ⋅ ACTIVE Status

Beautiful 3 bedrooms; 2.5 bathrooms; 2 story home. This home is spacious and open on the main floor; featuring a kitchen that opens to the great room and a separate dining area adjacent to the kitchen. The home includes a mud room off of the garage that leads to the living area of the home. The kitchen contains granite countertops, shaker style cabinets, a cooking island, bar stool seating area and Stainless-Steel appliances plus a refrigerator so you can live in your home on day 1. All bedrooms are upstairs with a master suite with walk-in closet and an ensuite bathroom containing dual vanities (Quartz countertops), garden tub and separate shower. Upstairs you will also find two additional bedrooms with a second full bathroom. The laundry room is upstairs so clothes don't have to carried up and down stairs. Make this home yours today!! ***Interior Pictures are from a previously built Harper plan. Actual home may vary from pictures***Builder is offering $5000 in flex cash**

2848 Ricolden Trl, Elon

$245,000

2 Beds ⋅ 2 Baths ⋅ 10182610 MLS ⋅ ACTIVE Status

"Downsize Your Home...Not Your Lifestyle!" Elegant, Easy Living Awaits in The Henton at Elon! Welcome to this beautifully appointed 2-bedroom, 1.5-bath bungalow in one of Elon's most desirable 55+ communities. Thoughtfully designed for comfortable, low-maintenance living, this charming home is filled with quality finishes, including elegant wainscoting in the foyer, living room, and dining area, crown molding throughout, paneled interior doors, luxury vinyl plank flooring, and plantation shutters throughout the home. Gather around the cozy living room featuring new gas logs, or entertain in the light-filled dining area highlighted by a beautiful bay window. The updated kitchen boasts granite countertops and brand-new stainless steel appliances, including a gas range, refrigerator, dishwasher, microwave. New washer and dryer to remain as well. Step outside to relax on the deck and patio—perfect for morning coffee or evening gatherings. With the HOA maintaining the lawn, you'll spend less time on yard work and more time enjoying the lifestyle you deserve. Ideally situated adjacent to Elon University, residents enjoy convenient access to lifelong learning opportunities, lectures, concerts, sporting events, and the vibrant campus atmosphere. Developed alongside neighboring Blakey Hall, The Henton offers the added peace of mind of nearby continuing care options should future needs change. Conveniently located just minutes from I-40/I-85 via University Drive, this exceptional home provides easy access to Burlington, Greensboro, Chapel Hill, and the Research Triangle while offering the charm and convenience of the Town of Elon. Discover the perfect blend of comfort, convenience, and community in your next chapter.

7 Willow Oak St, Elon

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .