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Featured local agent — Elbert, CO
Sarah Mitchell
Compass Real Estate · Elbert, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elbert, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$369,000median sale price
How is the Elbert, CO housing market right now?
The median home sale price in Elbert, CO is $369,000. Homes sell in an average of 35 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of November 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elbert a buyer's or seller's market?
Elbert, CO is currently a seller's market, based on 2.0 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
35
Average pace
Active listings
2
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Elbert housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $369,000 |
| Median list price | $347,000 |
| Average days on market | 35 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $268/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elbert by property type?
How the Elbert, CO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $369,000 | $268/sq ft | 1 | 35 days |
Source: Redfin · Updated monthly
The Elbert housing market is currently classified as a seller's market with a median sale price of $369,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 35 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 13.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Elbert
There are currently 2 homes listed for sale in Elbert, Colorado. The median listing price is $347K.
Active listings
2
Homes on market
Median list price
$347K
Avg. days on market
35
Days until sale
New this week
1
Newly listed
Who lives in Elbert?
Population
150
Median income
$56,500/yr
Median age
37.4 years
Owner-occupied
84.2%
College grads
23.6%
Avg commute
40.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Elbert?
Zillow home value
$745,668
Price-to-income
13.2x
Source: Zillow Research
What is it like to live in Elbert?
Elbert is a community of approximately 0K residents with a median age of 37.4 years.The median household income is $56,500, which represents a working-class community with solid middle-income opportunities. 23.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 40.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elbert offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elbert?
2 schools tracked · 279 students
The largest public schools serving Elbert, CO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Elbert Elementary School
Grades PK-5 · 141 students
Elbert Junior-Senior High School
Grades 6-12 · 138 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Elbert, CO?
Want a head-to-head view? Compare Elbert side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elbert?
The median home sale price in Elbert is $369,000, down 0.0% from last year.
How long do homes stay on market in Elbert?
Homes typically spend 35 days on market before going under contract.
What is the median income in Elbert?
The median household income is $56,500 per year.
Is Elbert a buyer's or seller's market?
With 2.0 months of supply, Elbert is currently a seller's market.
What is the Zillow home value estimate for Elbert?
The Zillow Home Value Index (ZHVI) for Elbert is $745,668, representing the typical home value in the area.
How much does a single-family home cost in Elbert?
The median single-family home price in Elbert, CO is $369,000 (about $268 per square foot).
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