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Featured local agent — Elk Run Heights, IA
Sarah Mitchell
Compass Real Estate · Elk Run Heights, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elk Run Heights, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$197,500median sale price
How is the Elk Run Heights, IA housing market right now?
The median home sale price in Elk Run Heights, IA is $197,500, down 16.8% year-over-year. Homes sell in an average of 42 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elk Run Heights a buyer's or seller's market?
Elk Run Heights, IA is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
42
Average pace
Active listings
1
1.0 months supply
Sale-to-list
104.0%
Above asking
What does the Elk Run Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $197,500 |
| Year-over-year price change | -16.8% |
| Average days on market | 42 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 104.0% |
| Median price per sq ft | $190/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elk Run Heights by property type?
How the Elk Run Heights, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $197,500 | $190/sq ft | 1 | 42 days |
Source: Redfin · Updated monthly
The Elk Run Heights housing market is currently classified as a strong seller's market with a median sale price of $197,500. Prices have fallen 16.8% compared to last year, with homes spending an average of 42 days on market, indicating 1.0 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Elk Run Heights
There are currently 1 homes listed for sale in Elk Run Heights, Iowa.
Active listings
1
Homes on market
Avg. days on market
42
Days until sale
Who lives in Elk Run Heights?
Population
968
Median income
$68,828/yr
Median age
56.6 years
Owner-occupied
92.7%
College grads
15.6%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Elk Run Heights?
Zillow home value
$203,221
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Elk Run Heights?
Elk Run Heights is a community of approximately 1K residents with a median age of 56.6 years.The median household income is $68,828, which represents a working-class community with solid middle-income opportunities. 15.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elk Run Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elk Run Heights, IA?
Want a head-to-head view? Compare Elk Run Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elk Run Heights?
The median home sale price in Elk Run Heights is $197,500, down 16.8% from last year.
How long do homes stay on market in Elk Run Heights?
Homes typically spend 42 days on market before going under contract.
What is the median income in Elk Run Heights?
The median household income is $68,828 per year.
Is Elk Run Heights a buyer's or seller's market?
With 1.0 months of supply, Elk Run Heights is currently a strong seller's market.
What is the Zillow home value estimate for Elk Run Heights?
The Zillow Home Value Index (ZHVI) for Elk Run Heights is $203,221, representing the typical home value in the area.
How much does a single-family home cost in Elk Run Heights?
The median single-family home price in Elk Run Heights, IA is $197,500 (about $190 per square foot).
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