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Sarah Mitchell

CNESRESABR

Compass Real Estate · Elkhorn, WI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Elkhorn, WI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Elkhorn, WI Housing Market & Real Estate

Seller's market+13.4% YoY

Housing market overview · Updated monthly ·

$340,000median sale price

How is the Elkhorn, WI housing market right now?

The median home sale price in Elkhorn, WI is $340,000, up 13.4% year-over-year. Homes sell in an average of 39 days with 21 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 Elkhorn a buyer's or seller's market?

Seller's market3.0 months of supply39 avg. days on market

Elkhorn, WI is currently a seller's market, based on 3.0 months of supply and homes selling in about 39 days. How we determine this →

Homes sold

7

Last 12 weeks

Days on market

39

Average pace

Active listings

21

3.0 months supply

Sale-to-list

101.3%

Above asking

What does the Elkhorn housing market data show?

Current housing market statistics for Elkhorn, WI
MetricValue
Median sale price$340,000
Median list price$349,000
Year-over-year price change+13.4%
Average days on market39 days
Active inventory21 listings
Months of supply3.0 months
Sale-to-list price ratio101.3%
Median price per sq ft$219/sq ft
Homes sold (latest month)7
New listings (latest month)15
Listings with a price cut14.3%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Elkhorn by property type?

How the Elkhorn, WI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Elkhorn, WI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$385,000$219/sq ft538 days
Condo / Co-op$234,000$183/sq ft271 days

Source: Redfin · Updated monthly

The Elkhorn housing market is currently classified as a seller's market with a median sale price of $340,000. Prices have risen 13.4% compared to last year, with homes spending an average of 39 days on market, indicating 3.0 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 4.8x provides context for how home values compare to local earning capacity.

Homes for sale in Elkhorn

There are currently 21 homes listed for sale in Elkhorn, Wisconsin. The median listing price is $349K. Featured listings range from $275,000 to $2,700,000.

3 bedroom house for sale at W6709 Lakeshore Cir Elkhorn - $275,000
$275,000

W6709 Lakeshore Cir

Elkhorn, WI

3 bd1 ba1,100 sqft$250/ft²
House11,761 sqft lot
View photos & details
2 bedroom condo for sale at 624 E Market St Unit 101 Elkhorn - $276,500
$276,500

624 E Market St Unit 101

Elkhorn, WI

2 bd2 ba1,260 sqft$219/ft²
Condo
View photos & details
3 bedroom house for sale at 12 E Rockwell St Elkhorn - $339,900
$339,900

12 E Rockwell St

Elkhorn, WI

3 bd2 ba1,900 sqft$179/ft²
House8,712 sqft lot
View photos & details
3 bedroom house for sale at 1017 E Pinecrest Ln Elkhorn - $385,000
$385,000

1017 E Pinecrest Ln

Elkhorn, WI

3 bd3 ba1,762 sqft$219/ft²
House9,148 sqft lot
View photos & details
4 bedroom house for sale at 217 S Lincoln St Elkhorn - $419,000
$419,000

217 S Lincoln St

Elkhorn, WI

4 bd3 ba2,804 sqft$149/ft²
House23,522 sqft lot
View photos & details
4 bedroom house for sale at W5180 Jason Rd Elkhorn - $449,900
$449,900

W5180 Jason Rd

Elkhorn, WI

4 bd3 ba2,600 sqft$173/ft²
House23,522 sqft lot
View photos & details
3 bedroom house for sale at N7232 Cane Dr Elkhorn - $489,700
$489,700

N7232 Cane Dr

Elkhorn, WI

3 bd2 ba2,386 sqft$205/ft²
House3.20 acres
View photos & details
3 bedroom house for sale at W5591 Briarwood Rd Elkhorn - $600,000
$600,000

W5591 Briarwood Rd

Elkhorn, WI

3 bd2 ba1,409 sqft$426/ft²
House30,928 sqft lot
View photos & details
4 bedroom house for sale at W5665 Lake Shore Dr Elkhorn - $639,900
$639,900

W5665 Lake Shore Dr

Elkhorn, WI

4 bd4 ba3,949 sqft$162/ft²
House36,155 sqft lot
View photos & details
4 bedroom house for sale at W5594 Briarwood Rd Elkhorn - $750,000
$750,000

W5594 Briarwood Rd

Elkhorn, WI

4 bd5 ba2,900 sqft$259/ft²
House32,670 sqft lot
View photos & details
4 bedroom house for sale at W5510 Westshore Dr Elkhorn - $1,695,000
$1,695,000

W5510 Westshore Dr

Elkhorn, WI

4 bd4 ba2,600 sqft$652/ft²
House5,227 sqft lot
View photos & details
7 bedroom house for sale at W4996 Robinson Dr Elkhorn - $2,700,000
$2,700,000

W4996 Robinson Dr

Elkhorn, WI

7 bd5 ba4,317 sqft$625/ft²
House34,412 sqft lot
View photos & details

Looking to buy in Elkhorn?

Get connected with a local real estate expert — free, no obligation.

Active listings

21

Homes on market

Median list price

$349K

Avg. days on market

39

Days until sale

New this week

15

Newly listed

Price drops:14.3%of listings
Sale-to-list:101.3%

Who lives in Elkhorn?

Population

10,259

Median income

$73,052/yr

Median age

37.9 years

Owner-occupied

56.1%

College grads

30.1%

Avg commute

22.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Elkhorn?

Zillow home value

$347,781

Price-to-income

4.8x

Source: Zillow Research

What is it like to live in Elkhorn?

Elkhorn is a community of approximately 10K residents with a median age of 37.9 years.The median household income is $73,052, which represents a working-class community with solid middle-income opportunities. 30.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 56.1%, showing a blend of owner and renter-occupied properties. The average commute time is 22.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elkhorn offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Elkhorn?

8 schools tracked · 3,498 students

The largest public schools serving Elkhorn, WI 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.

Elkhorn Area High

Grades 9-12 · 941 students

Public

Elkhorn Area Middle

Grades 6-8 · 676 students

Public

Jackson Elementary

Grades PK-5 · 500 students

Public

Tibbets Elementary

Grades PK-5 · 447 students

Public

West Side Elementary

Grades PK-5 · 431 students

Public

Elkhorn Options Virtual School

Grades PK-12 · 273 students

Charter

Career and College Academy

Grades 6-12 · 230 students

Charter

Lakeland School

Grades PK-12

Special ed

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 Elkhorn, WI?

Want a head-to-head view? Compare Elkhorn side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Elkhorn?

The median home sale price in Elkhorn is $340,000, up 13.4% from last year.

How long do homes stay on market in Elkhorn?

Homes typically spend 39 days on market before going under contract.

What is the median income in Elkhorn?

The median household income is $73,052 per year.

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

With 3.0 months of supply, Elkhorn is currently a seller's market.

How many homes are for sale in Elkhorn?

There are currently 21 homes listed for sale in Elkhorn, WI.

What is the Zillow home value estimate for Elkhorn?

The Zillow Home Value Index (ZHVI) for Elkhorn is $347,781, representing the typical home value in the area.

What is the median condo price in Elkhorn?

The median condo/co-op sale price in Elkhorn, WI is $234,000, compared to $385,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Elkhorn?

The median single-family home price in Elkhorn, WI is $385,000 (about $219 per square foot).

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