Elgin, OK

Buyer's market+50.3% YoY

Housing market overview · Updated weekly

$275,000median sale price

Homes sold

3

Last 12 weeks

Days on market

91

Average pace

Active listings

18

6.0 months supply

Sale-to-list

93.5%

Below asking

The Elgin housing market is currently classified as a buyer's market with a median sale price of $275,000. Prices have risen 50.3% compared to last year, with homes spending an average of 91 days on market, indicating 6.0 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

Homes for sale in Elgin

There are currently 18 homes listed for sale in Elgin, Oklahoma. The median listing price is $262K.

Active listings

18

Homes on market

Median list price

$262K

Avg. days on market

91

Days until sale

New this week

8

Newly listed

Price drops:11.1%of listings
Sale-to-list:93.5%

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Frequently asked questions

What is the average home price in Elgin?

The median home sale price in Elgin is $275,000, up 50.3% from last year.

How long do homes stay on market in Elgin?

Homes typically spend 91 days on market before going under contract.

Is Elgin a buyer's or seller's market?

With 6.0 months of supply, Elgin is currently a buyer's market.

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