Current Price

$305,834

1 Month Forecast

â–² $319,145

1-Year Forecast *

â–² $341,251

5-Year Forecast *

â–² $404,208

"Is it a good time to buy homes in Elk Park?" "Does investing in real estate in Elk Park (North Carolina State, Avery County) worth it?" According to our live Forecast System, buying a house in Elk Park is a good short-term (1-year) investment*. The Elk Park 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 Park" 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 Park in North Carolina State, Avery County. If you are looking for homes for sale with good flipping profit, Elk Park can be a profitable property investment option. The median price of an average house in Elk Park was 305,834 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk Park" area is 404,208 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +32.17% meaning that investing 100000 USD today may yield a profit of 32,166 USD by 2031.

Current Median Listing Price: 305,834 USD Median Listing Price Per Square Foot: 170 USD

Elk Park 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 Park (North Carolina 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 Park Price Target

Elk Park median home price target in 12 months: $341,251* (upside of 11.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $324,531 $316,514 $316,514 $324,531
2024 $294,327 $305,834 $294,327 $311,029
2023 $261,252 $292,714 $261,252 $292,714
2022 $232,900 $262,788 $232,900 $268,631
2021 $195,404 $227,243 $195,404 $227,243
2020 $152,823 $189,584 $152,823 $189,584
2019 $0 $151,230 $0 $151,230
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elk Park Housing Market Forecast

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

The value of an average home (the listing price) in Elk Park is $305,834 USD.

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

According to Walletinvestor the median price per square foot in Elk Park is 170 USD.

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

Yes. The Elk Park home prices may rise from 305,834 USD to 341,251 USD in one year.

Is it profitable to invest in Elk Park homes?

Yes. The long-term profit potential is +11.58% in one year.

Will Elk Park house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elk Park home in 2030 in Elk Park is 395,671 USD.

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

The predicted home sales price of a Elk Park home in 2035 in Elk Park is 482,504 USD.

Will real estate prices decrease in Elk Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elk Park is the 12790. largest city in the United States, located in North Carolina State.

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

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

Median home values decreased by 5.745% to 305,834 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 12.830% in 2021
  • 11.500% in 2022
  • 13.350% in 2023
  • 12.690% in 2024
  • 10.190% in 2025
  • 11.530% in 2026

Based on our Elk Park real estate market research and report the predicted sales prices will increase by 199.141% in the next 10 years.

Over the last 12 months, the value of homes in Elk Park fluctuated: decreasing 5 times.

Elk Park (North Carolina) 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 Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 319145 295528 342762
September 2025 321798 297984 345611
October 2025 324472 292349 356595
November 2025 327169 304921 349416
December 2025 329888 310095 349681
Elk Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 331277 308087 354466
February 2026 330100 299071 361130
March 2026 330138 309339 350937
April 2026 332882 311244 354519
May 2026 335648 312824 358472
June 2026 338438 312040 364836
July 2026 341251 322141 360361
August 2026 344087 316216 371958
September 2026 346947 314681 379213
October 2026 349830 320445 379216
November 2026 352738 321697 383779
December 2026 355669 325793 385546
Elk Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 356851 335083 378618
February 2027 356936 322670 391202
March 2027 355386 321624 389147
April 2027 353670 334218 373121
May 2027 351962 326973 376951
June 2027 350262 321191 379334
July 2027 351875 333225 370524
August 2027 354799 330673 378926
September 2027 357748 339861 375636
October 2027 359298 332710 385886
November 2027 360590 331382 389797
December 2027 363212 340329 386094
Elk Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 366230 334734 397726
February 2028 369274 339732 398816
March 2028 372343 347396 397290
April 2028 375438 352911 397964
May 2028 378558 343731 413385
June 2028 380644 352096 409193
July 2028 380729 349890 411568
August 2028 383089 346695 419482
September 2028 386273 355757 416788
October 2028 389483 360272 418694
November 2028 392720 371513 413927
December 2028 395584 356816 434351
Elk Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 396707 362987 430427
February 2029 396924 375887 417961
March 2029 396293 358645 433941
April 2029 394380 361646 427113
May 2029 392475 354798 430153
June 2029 395737 368827 422647
July 2029 395671 365204 426137
August 2029 394748 360799 428696
September 2029 392842 371628 414055
October 2029 390945 354196 427693
November 2029 389057 366881 411233
December 2029 387572 367418 407726
Elk Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 390793 368127 413459
February 2030 394041 357001 431081
March 2030 397316 358379 436253
April 2030 400618 369771 431466
May 2030 403948 383347 424549
June 2030 405648 384555 426742
July 2030 404208 377934 430481
August 2030 404254 366658 441850
September 2030 407614 380304 434924
October 2030 411002 388396 433607
November 2030 414417 373390 455445
December 2030 417862 390283 445441
Elk Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 421335 400268 442401
February 2031 424836 388300 461372
March 2031 428367 390671 466064
April 2031 431928 403852 460003
May 2031 435517 398498 472536
June 2031 436964 393704 480223
July 2031 437068 411718 462418
August 2031 435170 408624 461715
September 2031 433069 405785 460352
October 2031 430977 394344 467611
November 2031 428896 399303 458490
December 2031 430871 395539 466202
Elk Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 434452 407516 461388
February 2032 438063 411779 464346
March 2032 439961 410923 468998
April 2032 441542 417257 465827
May 2032 444753 421626 467880
June 2032 448449 405846 491052
July 2032 452176 410576 493776

> 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.