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Featured local agent — Elk City, KS
Sarah Mitchell
Compass Real Estate · Elk City, KS
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elk City, KS Housing Market & Real Estate
Housing market overview · Updated monthly ·
$70,000median sale price
How is the Elk City, KS housing market right now?
The median home sale price in Elk City, KS is $70,000. Homes sell in an average of 24 days with 1 active listings. The market is currently a 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 City a buyer's or seller's market?
Elk City, KS is currently a seller's market, based on 1.0 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
24
Average pace
Active listings
1
1.0 months supply
Sale-to-list
91.5%
Below asking
What does the Elk City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $70,000 |
| Average days on market | 24 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 91.5% |
| Median price per sq ft | $24/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elk City by property type?
How the Elk City, KS market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $70,000 | $24/sq ft | 1 | 24 days |
Source: Redfin · Updated monthly
The Elk City housing market is currently classified as a seller's market with a median sale price of $70,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 24 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 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Elk City
There are currently 1 homes listed for sale in Elk City, Kansas.
Active listings
1
Homes on market
Avg. days on market
24
Days until sale
Who lives in Elk City?
Population
281
Median income
$35,417/yr
Median age
46 years
Owner-occupied
77.5%
College grads
13.7%
Avg commute
21.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Elk City?
Zillow home value
$206,646
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Elk City?
Elk City is a community of approximately 0K residents with a median age of 46 years.The median household income is $35,417, which represents a working-class community with solid middle-income opportunities. 13.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elk City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elk City, KS?
Want a head-to-head view? Compare Elk City 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 City?
The median home sale price in Elk City is $70,000, down 0.0% from last year.
How long do homes stay on market in Elk City?
Homes typically spend 24 days on market before going under contract.
What is the median income in Elk City?
The median household income is $35,417 per year.
Is Elk City a buyer's or seller's market?
With 1.0 months of supply, Elk City is currently a seller's market.
What is the Zillow home value estimate for Elk City?
The Zillow Home Value Index (ZHVI) for Elk City is $206,646, representing the typical home value in the area.
How much does a single-family home cost in Elk City?
The median single-family home price in Elk City, KS is $70,000 (about $24 per square foot).
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