Elkins, WV
Housing market overview · Updated weekly
$174,000median sale price
Homes sold
5
Last 12 weeks
Days on market
123
Average pace
Active listings
27
5.4 months supply
Sale-to-list
89.9%
Below asking
The Elkins housing market is currently classified as a buyer's market with a median sale price of $174,000. Prices have fallen 13.0% compared to last year, with homes spending an average of 123 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Elkins?
The median home sale price in Elkins is $174,000, down 13.0% from last year.
How long do homes stay on market in Elkins?
Homes typically spend 123 days on market before going under contract.
Is Elkins a buyer's or seller's market?
With 5.4 months of supply, Elkins is currently a buyer's market.
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