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Today: September 22, 2025

Current Price

$165,018

1 Month Forecast

$186,617

1-Year Forecast *

$210,517

5-Year Forecast *

$263,376

"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 very 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 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk City" area is 263,376 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +59.60% meaning that investing 100000 USD today may yield a profit of 59,604 USD by 2030.

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: 2025-2031

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: $210,517* (upside of 27.6%)

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 210,517 USD in one year.

Is it profitable to invest in Elk City homes?

Yes. The long-term profit potential is +27.57% 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 263,376 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 375,929 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 increased, 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 increased by 4.330% to 165,018 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 28.452% in 2020
  • 28.112% in 2021
  • 27.622% in 2022
  • 25.742% in 2023
  • 26.732% in 2024
  • 27.382% in 2025

Based on our Elk City real estate market research and report the predicted sales prices will increase by 1,041.703% in the next 10 years.

Over the last 12 months, the value of homes in Elk City fluctuated: increasing 7 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 2025, 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 186617 175046 198187
September 2025 188735 173259 204211
October 2025 190878 176562 205193
November 2025 193045 180497 205592
December 2025 195236 180593 209879
Elk City Housing Market Forecast with Real Estate Prices for 2026
January 2026 197452 178892 216013
February 2026 199694 183519 215869
March 2026 201961 187016 216906
April 2026 204254 192407 216100
May 2026 206572 193145 219999
June 2026 208917 191368 226466
July 2026 210517 194729 226306
August 2026 211045 198804 223286
September 2026 211104 196116 226093
October 2026 212903 195658 230148
November 2026 215320 199817 230823
December 2026 217764 200343 235185
Elk City Housing Market Forecast with Real Estate Prices for 2027
January 2027 220236 206361 234111
February 2027 222737 202022 243451
March 2027 225265 203414 247116
April 2027 227822 215520 240125
May 2027 230319 214888 245751
June 2027 232732 219699 245765
July 2027 234008 215989 252027
August 2027 235031 215758 254303
September 2027 235872 217710 254035
October 2027 236469 212822 260115
November 2027 235338 221453 249223
December 2027 233665 211233 256096
Elk City Housing Market Forecast with Real Estate Prices for 2028
January 2028 232556 216277 248835
February 2028 233134 215882 250386
March 2028 235158 215875 254441
April 2028 236126 219125 253127
May 2028 236809 219758 253859
June 2028 238351 224765 251937
July 2028 240051 222048 258055
August 2028 240913 222363 259464
September 2028 240166 227197 253135
October 2028 238458 222243 254674
November 2028 236763 220900 252626
December 2028 235080 219094 251065
Elk City Housing Market Forecast with Real Estate Prices for 2029
January 2029 235008 221848 248169
February 2029 236829 217882 255775
March 2029 238387 226229 250545
April 2029 239640 226699 252580
May 2029 240569 223488 257649
June 2029 243300 226755 259844
July 2029 246062 223670 268453
August 2029 248855 225711 271998
September 2029 251680 233056 270304
October 2029 254537 234429 274646
November 2029 257427 242238 272615
December 2029 260349 240562 280136
Elk City Housing Market Forecast with Real Estate Prices for 2030
January 2030 261338 248271 274405
February 2030 259480 245727 273232
March 2030 257635 237024 278245
April 2030 256111 239464 272758
May 2030 257497 244622 270372
June 2030 260420 234899 285941
July 2030 263376 249681 277072
August 2030 266366 251183 281549
September 2030 269390 254843 283937
October 2030 272448 253649 291247
November 2030 275541 258733 292349
December 2030 278669 261949 295389
Elk City Housing Market Forecast with Real Estate Prices for 2031
January 2031 281833 260695 302970
February 2031 285032 270210 299854
March 2031 288268 269242 307293
April 2031 291540 272007 311073
May 2031 293773 272034 315512
June 2031 294509 265942 323077
July 2031 294592 268962 320221
August 2031 297102 267392 326812
September 2031 300475 271629 329320
October 2031 303886 283829 323942
November 2031 307336 281212 333459
December 2031 310825 294040 327609
Elk City Housing Market Forecast with Real Estate Prices for 2032
January 2032 314353 295492 333214
February 2032 317922 297893 337951
March 2032 321406 291194 351618
April 2032 324773 307885 341661
May 2032 326554 308267 344841
June 2032 327981 308958 347004
July 2032 329155 303810 354500
August 2032 329987 297979 361996
September 2032 328409 298196 358623
October 2032 326074 307162 344987
November 2032 324528 298890 350165
December 2032 325334 307441 343227
Elk City Housing Market Forecast with Real Estate Prices for 2033
January 2033 328159 297968 358350
February 2033 329510 308092 350928
March 2033 330462 298738 362186
April 2033 332615 305008 360222
May 2033 334987 305843 364131
June 2033 336190 318708 353672
July 2033 335147 315038 355256

> 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.