Neighborhood report · August 2026

Cable Square

Elon, Alamance County, NC

Median sale price · 12 mo
$415K−3.2%
23 days+229%
Days on market
100.0%+1.6%
Sale-to-list
50%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo8
Active listings4
Median sale price$415K
Latest saleAug 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Elon
5
sold in Elon
100%
sold / list
15
avg days on mkt

Name & contact shared once you connect

Recent sales in Cable Square

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
1442 Stone Gables Drive
Elon 27244
SFH4/32,624$385k$14713ClosedSee more →

Showing 1 of 1 listing in Cable Square · last 3 months. Click any row for full details.

Market health

Cable Square · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$415K 3%

Down 3% over the past year.

Days on market
23 days 229%

Taking 229% longer to sell than a year ago.

List-to-sale ratio
100.0% 2%

Closing nearer asking than a year ago.

Listings w/ price cut
50% 0%

Fewer price cuts than a year ago.

Months of inventory
6.0months
Balanced’s market
Seller’sBalancedBuyer’s

Supply and demand are roughly in balance. Absorption rate 17% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in August — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd63%
  • 3 bd38%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K38%
  • $400–600K63%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.