Brokers — List your Company Here
Featured local agent — Elkins Park, PA
Sarah Mitchell
Compass Real Estate · Elkins Park, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Elkins Park, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$327,500median sale price
How is the Elkins Park, PA housing market right now?
The median home sale price in Elkins Park, PA is $327,500, up 9.5% year-over-year. Homes sell in an average of 37 days with 18 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 Elkins Park a buyer's or seller's market?
Elkins Park, PA is currently a seller's market, based on 1.3 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
37
Average pace
Active listings
18
1.3 months supply
Sale-to-list
98.6%
Below asking
What does the Elkins Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $327,500 |
| Median list price | $492,500 |
| Year-over-year price change | +9.5% |
| Average days on market | 37 days |
| Active inventory | 18 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $190/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 14 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elkins Park by property type?
How the Elkins Park, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $580,000 | $213/sq ft | 6 | 30 days |
| Condo / Co-op | $169,500 | $128/sq ft | 6 | 82 days |
| Townhouse | $370,000 | $288/sq ft | 2 | 12 days |
Source: Redfin · Updated monthly
The Elkins Park housing market is currently classified as a seller's market with a median sale price of $327,500. Prices have risen 9.5% compared to last year, with homes spending an average of 37 days on market, indicating 1.3 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Elkins Park
There are currently 18 homes listed for sale in Elkins Park, Pennsylvania. The median listing price is $493K.
Active listings
18
Homes on market
Median list price
$493K
Avg. days on market
37
Days until sale
New this week
14
Newly listed
Who lives in Elkins Park?
Population
7,286
Median income
$129,773/yr
Median age
50.2 years
Owner-occupied
78.9%
College grads
71.2%
Avg commute
32.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Elkins Park?
Zillow home value
$424,398
Zillow rent index
$1,939/mo
Price-to-rent ratio
18.2x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Elkins Park?
Elkins Park is a community of approximately 7K residents with a median age of 50.2 years.The median household income is $129,773, which reflects a relatively affluent area with strong earning potential. 71.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elkins Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Elkins Park?
3 schools tracked · 1,524 students
The largest public schools serving Elkins Park, PA 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.
McKinley Sch
Grades K-5 · 616 students
Elkins Park Sch
Grades 5-6 · 599 students
Myers El Sch
Grades K-4 · 309 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 Elkins Park, PA?
Want a head-to-head view? Compare Elkins Park side-by-side with any other U.S. city using our market-comparison tool.
Is Elkins Park a good real estate investment market?
For investors evaluating Elkins Park, the price-to-rent ratio of 18.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Elkins Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Elkins Park's median home price.
Frequently asked questions
What is the average home price in Elkins Park?
The median home sale price in Elkins Park is $327,500, up 9.5% from last year.
How long do homes stay on market in Elkins Park?
Homes typically spend 37 days on market before going under contract.
What is the median income in Elkins Park?
The median household income is $129,773 per year.
Is Elkins Park a buyer's or seller's market?
With 1.3 months of supply, Elkins Park is currently a seller's market.
What is the Zillow home value estimate for Elkins Park?
The Zillow Home Value Index (ZHVI) for Elkins Park is $424,398, representing the typical home value in the area.
What is the median condo price in Elkins Park?
The median condo/co-op sale price in Elkins Park, PA is $169,500, compared to $580,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Elkins Park?
The median single-family home price in Elkins Park, PA is $580,000 (about $213 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Elkins Park, PA
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Elkins Park market alerts
Weekly updates on prices, inventory, and trends. Free forever.