Current Price

$165,018

1 Month Forecast

â–² $186,585

1-Year Forecast *

â–² $205,539

5-Year Forecast *

â–² $255,676

"Is it a good time to buy homes in Elk City?" "Does investing in real estate in Elk City (Kansas State, Montgomery County) worth it?" According to our live Forecast System, buying a house in Elk City is a good short-term (1-year) investment*. The Elk City average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elk City" 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 Elk City in Kansas State, Montgomery County. If you are looking for homes for sale with good flipping profit, Elk City can be a profitable property investment option. The median price of an average house in Elk City was 165,018 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk City" area is 255,676 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +54.94% meaning that investing 100000 USD today may yield a profit of 54,938 USD by 2031.

Current Median Listing Price: 165,018 USD Median Listing Price Per Square Foot: 92 USD

Elk City 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.

Elk City (Kansas 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.

Elk City Price Target

Elk City median home price target in 12 months: $205,539* (upside of 24.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $185,489 $184,522 $183,529 $188,381
2024 $152,316 $165,018 $150,941 $165,018
2023 $152,976 $154,248 $150,476 $155,884
2022 $132,659 $153,711 $132,659 $153,711
2021 $112,506 $129,767 $112,506 $129,767
2020 $92,400 $109,913 $91,365 $109,913
2019 $83,074 $91,886 $83,074 $91,886
2018 $78,476 $82,566 $78,031 $82,782
2017 $74,936 $79,136 $74,913 $80,455
2016 $75,601 $75,544 $74,421 $76,344
2015 $72,852 $76,336 $72,542 $76,336
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elk City Housing Market Forecast

How much does an average home cost in Elk City today?

The value of an average home (the listing price) in Elk City is $165,018 USD.

What is the average price per square foot in Elk City?

According to Walletinvestor the median price per square foot in Elk City is 92 USD.

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

Yes. The Elk City home prices may rise from 165,018 USD to 205,539 USD in one year.

Is it profitable to invest in Elk City homes?

Yes. The long-term profit potential is +24.56% in one year.

Will Elk City house prices fall / drop?

No. See above.

What is the predicted price of a Elk City home in 2030?

The predicted home sales price of a Elk City home in 2030 in Elk City is 243,065 USD.

What is the predicted price of a Elk City home in 2035?

The predicted home sales price of a Elk City home in 2035 in Elk City is 324,569 USD.

Will real estate prices decrease in Elk City?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elk City is the 19241. largest city in the United States, located in Kansas State.

During the last 12 months the real estate prices in Montgomery, Elk City decreased, looking at the past 12 months.

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

Median home values decreased by 12.402% to 165,018 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 22.915% in 2021
  • 22.865% in 2022
  • 26.525% in 2023
  • 24.445% in 2024
  • 22.565% in 2025
  • 24.975% in 2026

Based on our Elk City real estate market research and report the predicted sales prices will increase by 798.705% in the next 10 years.

Over the last 12 months, the value of homes in Elk City fluctuated: increasing 1 times and decreasing 3 times.

Elk City (Kansas) 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
Elk City Housing Market Forecast with Real Estate Prices for 2025
August 2025 186585 172965 200206
September 2025 188672 175088 202256
October 2025 190782 172849 208716
November 2025 192916 176904 208928
December 2025 195073 183369 206777
Elk City Housing Market Forecast with Real Estate Prices for 2026
January 2026 196567 183594 209540
February 2026 197060 185630 208489
March 2026 197115 186668 207562
April 2026 198795 183289 214301
May 2026 201018 184936 217099
June 2026 203266 192493 214039
July 2026 205539 194234 216844
August 2026 207838 187885 227790
September 2026 210162 191878 228446
October 2026 212512 193386 231638
November 2026 214841 199373 230310
December 2026 217092 195817 238367
Elk City Housing Market Forecast with Real Estate Prices for 2027
January 2027 218282 206277 230288
February 2027 219236 205863 232610
March 2027 220021 201319 238723
April 2027 220577 208446 232709
May 2027 219523 205254 233792
June 2027 217857 199121 236593
July 2027 216824 199478 234169
August 2027 217362 201278 233447
September 2027 219250 206972 231528
October 2027 220152 203861 236444
November 2027 220788 205554 236023
December 2027 222227 210449 234005
Elk City Housing Market Forecast with Real Estate Prices for 2028
January 2028 223812 206131 241493
February 2028 224615 209117 240114
March 2028 223919 206453 241384
April 2028 222259 200255 244262
May 2028 220572 203809 237336
June 2028 218899 205765 232033
July 2028 218833 197168 240497
August 2028 220528 202224 238831
September 2028 221979 204220 239737
October 2028 223145 210203 236088
November 2028 224010 208329 239691
December 2028 226515 204543 248487
Elk City Housing Market Forecast with Real Estate Prices for 2029
January 2029 229048 213015 245082
February 2029 231610 209375 253844
March 2029 234200 215932 252468
April 2029 236819 223320 250318
May 2029 239468 219592 259343
June 2029 242146 218658 265634
July 2029 243065 226294 259837
August 2029 241300 224409 258191
September 2029 239470 224862 254077
October 2029 238053 219723 256383
November 2029 239341 219476 259207
December 2029 242018 229433 254603
Elk City Housing Market Forecast with Real Estate Prices for 2030
January 2030 244725 220497 268952
February 2030 247461 235088 259834
March 2030 250229 226707 273750
April 2030 253027 229243 276812
May 2030 254965 230488 279442
June 2030 255604 237712 273497
July 2030 255676 241869 269482
August 2030 257854 244188 271521
September 2030 260738 236229 285247
October 2030 263654 237816 289492
November 2030 266603 241275 291930
December 2030 269584 242895 296273
Elk City Housing Market Forecast with Real Estate Prices for 2031
January 2031 272599 247520 297678
February 2031 275647 253871 297424
March 2031 278668 263342 293995
April 2031 281588 264692 298483
May 2031 283132 261330 304933
June 2031 284369 262757 305981
July 2031 285387 269406 301369
August 2031 286109 270659 301559
September 2031 284741 264809 304672
October 2031 282580 267603 297557
November 2031 281240 265209 297270
December 2031 281939 261639 302238
Elk City Housing Market Forecast with Real Estate Prices for 2032
January 2032 284387 260783 307991
February 2032 285557 270994 300121
March 2032 286382 266336 306429
April 2032 288248 266053 310443
May 2032 290304 272015 308593
June 2032 291346 272117 310575
July 2032 290443 263432 317454

> 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.