Current Price

$76,954

1 Month Forecast

â–² $85,277

1-Year Forecast *

â–² $91,554

5-Year Forecast *

â–² $92,786

"Is it a good time to buy homes in Elkville?" "Does investing in real estate in Elkville (Illinois State, Jackson County) worth it?" According to our live Forecast System, buying a house in Elkville is a good short-term (1-year) investment*. The Elkville average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elkville" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elkville in Illinois State, Jackson County. If you are looking for homes for sale with good flipping profit, Elkville can be a profitable property investment option. The median price of an average house in Elkville was 76,954 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elkville" area is 92,786 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +20.57% meaning that investing 100000 USD today may yield a profit of 20,572 USD by 2031.

Current Median Listing Price: 76,954 USD Median Listing Price Per Square Foot: 43 USD

Elkville Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elkville (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elkville Price Target

Elkville median home price target in 12 months: $91,554* (upside of 19.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $85,899 $86,158 $84,533 $86,158
2024 $73,266 $76,954 $73,266 $77,437
2023 $80,362 $74,065 $74,065 $84,546
2022 $81,916 $77,726 $75,021 $82,280
2021 $79,072 $81,224 $74,359 $81,224
2020 $67,678 $79,780 $67,678 $80,548
2019 $47,436 $66,083 $47,158 $66,083
2018 $70,145 $47,789 $47,789 $70,341
2017 $68,418 $70,009 $68,418 $70,146
2016 $0 $68,448 $0 $72,500
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elkville Housing Market Forecast

How much does an average home cost in Elkville today?

The value of an average home (the listing price) in Elkville is $76,954 USD.

What is the average price per square foot in Elkville?

According to Walletinvestor the median price per square foot in Elkville is 43 USD.

Will the median listing price of homes in Elkville grow / rise / go up?

Yes. The Elkville home prices may rise from 76,954 USD to 91,554 USD in one year.

Is it profitable to invest in Elkville homes?

Yes. The long-term profit potential is +18.97% in one year.

Will Elkville house prices fall / drop?

No. See above.

What is the predicted price of a Elkville home in 2030?

The predicted home sales price of a Elkville home in 2030 in Elkville is 88,369 USD.

What is the predicted price of a Elkville home in 2035?

The predicted home sales price of a Elkville home in 2035 in Elkville is 92,196 USD.

Will real estate prices decrease in Elkville?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elkville is the 14581. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Jackson, Elkville decreased, looking at the past 12 months.

According to Walletinvestor's Elkville real estate market research, home values will increase in the next 12 months.

Median home values decreased by 9.558% to 76,954 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 17.722% in 2021
  • 19.132% in 2022
  • 17.712% in 2023
  • 18.382% in 2024
  • 19.652% in 2025
  • 17.732% in 2026

Based on our Elkville real estate market research and report the predicted sales prices will increase by 468.107% in the next 10 years.

Over the last 12 months, the value of homes in Elkville fluctuated: increasing 2 times and decreasing 2 times.

Elkville (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elkville Housing Market Forecast with Real Estate Prices for 2025
August 2025 85277 78625 91929
September 2025 84405 76893 91917
October 2025 84654 76273 93034
November 2025 85598 79093 92104
December 2025 86554 78244 94863
Elkville Housing Market Forecast with Real Estate Prices for 2026
January 2026 87442 79222 95661
February 2026 88417 81786 95049
March 2026 89404 81984 96825
April 2026 90402 84345 96459
May 2026 91172 83879 98466
June 2026 91577 85075 98079
July 2026 91554 83314 99794
August 2026 91350 82672 100028
September 2026 90416 83635 97198
October 2026 89492 83228 95756
November 2026 88577 82023 95132
December 2026 87672 81710 93633
Elkville Housing Market Forecast with Real Estate Prices for 2027
January 2027 86776 80181 93371
February 2027 86449 80744 92155
March 2027 87229 80600 93858
April 2027 88202 82734 93671
May 2027 89187 83479 94895
June 2027 90182 83509 96855
July 2027 91188 85352 97024
August 2027 91500 83631 99369
September 2027 91549 82851 100246
October 2027 90660 82229 99092
November 2027 89733 81478 97989
December 2027 88816 80023 97609
Elkville Housing Market Forecast with Real Estate Prices for 2028
January 2028 87908 81315 94501
February 2028 87010 79005 95015
March 2028 86120 79575 92665
April 2028 85240 79870 90610
May 2028 84369 78463 90274
June 2028 84372 79309 89434
July 2028 84603 77496 91710
August 2028 85547 77934 93161
September 2028 85915 77409 94421
October 2028 86874 78360 95387
November 2028 87243 81398 93088
December 2028 88217 81159 95274
Elkville Housing Market Forecast with Real Estate Prices for 2029
January 2029 88144 79947 96341
February 2029 88781 84342 93220
March 2029 88289 80696 95881
April 2029 88228 82934 93522
May 2029 89213 81005 97420
June 2029 88807 81525 96089
July 2029 88369 82183 94555
August 2029 87845 81520 94170
September 2029 87793 81736 93851
October 2029 88430 79675 97184
November 2029 89416 81011 97821
December 2029 88502 83723 93281
Elkville Housing Market Forecast with Real Estate Prices for 2030
January 2030 87598 81641 93554
February 2030 87855 81530 94181
March 2030 88836 80485 97186
April 2030 89827 81294 98361
May 2030 90749 85213 96285
June 2030 91762 86439 97084
July 2030 92786 84806 100765
August 2030 93821 88942 98700
September 2030 94621 85159 104083
October 2030 95040 86867 103214
November 2030 95016 86750 103283
December 2030 94805 89022 100588
Elkville Housing Market Forecast with Real Estate Prices for 2031
January 2031 93836 86235 101437
February 2031 92877 87211 98542
March 2031 91927 84389 99465
April 2031 90988 85710 96265
May 2031 90058 82943 97172
June 2031 89719 81555 97883
July 2031 90528 85368 95688
August 2031 91538 83392 99685
September 2031 92560 86173 98947
October 2031 93593 86573 100612
November 2031 94637 89811 99464
December 2031 94960 86604 103317
Elkville Housing Market Forecast with Real Estate Prices for 2032
January 2032 95011 85985 104037
February 2032 94089 89102 99076
March 2032 93127 87260 98994
April 2032 92175 86553 97798
May 2032 91233 82292 100174
June 2032 90301 81541 99060
July 2032 89378 84909 93846

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.