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Featured local agent — Elk Plain, WA
Sarah Mitchell
Compass Real Estate · Elk Plain, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elk Plain, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$572,000median sale price
How is the Elk Plain, WA housing market right now?
The median home sale price in Elk Plain, WA is $572,000, up 8.1% year-over-year. Homes sell in an average of 14 days with 27 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 Plain a buyer's or seller's market?
Elk Plain, WA is currently a seller's market, based on 2.1 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
14
Fast-moving
Active listings
27
2.1 months supply
Sale-to-list
101.0%
Above asking
What does the Elk Plain housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $572,000 |
| Median list price | $525,000 |
| Year-over-year price change | +8.1% |
| Average days on market | 14 days |
| Active inventory | 27 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 101.0% |
| Median price per sq ft | $340/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 17 |
| Listings with a price cut | 63.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elk Plain by property type?
How the Elk Plain, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $572,000 | $340/sq ft | 13 | 14 days |
Source: Redfin · Updated monthly
The Elk Plain housing market is currently classified as a seller's market with a median sale price of $572,000. Prices have risen 8.1% compared to last year, with homes spending an average of 14 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Elk Plain
There are currently 27 homes listed for sale in Elk Plain, Washington. The median listing price is $525K.
Active listings
27
Homes on market
Median list price
$525K
Avg. days on market
14
Days until sale
New this week
17
Newly listed
Who lives in Elk Plain?
Population
13,863
Median income
$101,250/yr
Median age
39.3 years
Owner-occupied
83.9%
College grads
17.0%
Avg commute
35.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Elk Plain?
Elk Plain is a community of approximately 14K residents with a median age of 39.3 years.The median household income is $101,250, which reflects a relatively affluent area with strong earning potential. 17.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elk Plain offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elk Plain, WA?
Want a head-to-head view? Compare Elk Plain 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 Plain?
The median home sale price in Elk Plain is $572,000, up 8.1% from last year.
How long do homes stay on market in Elk Plain?
Homes typically spend 14 days on market before going under contract.
What is the median income in Elk Plain?
The median household income is $101,250 per year.
Is Elk Plain a buyer's or seller's market?
With 2.1 months of supply, Elk Plain is currently a seller's market.
How much does a single-family home cost in Elk Plain?
The median single-family home price in Elk Plain, WA is $572,000 (about $340 per square foot).
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