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Today: September 22, 2025

Current Price

$305,834

1 Month Forecast

$319,407

1-Year Forecast *

$346,881

5-Year Forecast *

$421,400

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elk Park" area is 421,400 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +37.79% meaning that investing 100000 USD today may yield a profit of 37,787 USD by 2030.

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: 2025-2031

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: $346,881* (upside of 13.4%)

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 346,881 USD in one year.

Is it profitable to invest in Elk Park homes?

Yes. The long-term profit potential is +13.42% 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 421,400 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 561,041 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 1.670% to 305,834 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 14.161% in 2020
  • 11.471% in 2021
  • 13.391% in 2022
  • 12.891% in 2023
  • 15.141% in 2024
  • 15.141% in 2025

Based on our Elk Park real estate market research and report the predicted sales prices will increase by 252.329% in the next 10 years.

Over the last 12 months, the value of homes in Elk Park fluctuated: increasing 1 times and decreasing 9 times.

Elk Park (North Carolina) 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 Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 319407 295451 343362
September 2025 322326 292027 352624
October 2025 325271 295021 355522
November 2025 328244 299687 356801
December 2025 331244 309382 353106
Elk Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 334271 313546 354995
February 2026 337325 319447 355204
March 2026 340408 321345 359471
April 2026 343519 319129 367909
May 2026 346658 326899 366418
June 2026 348118 327927 368308
July 2026 346881 325028 368735
August 2026 346921 325412 368430
September 2026 350091 331886 368296
October 2026 353291 328914 377668
November 2026 356519 331919 381119
December 2026 359777 340709 378845
Elk Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 363065 337650 388480
February 2027 366383 341835 390931
March 2027 369731 339783 399679
April 2027 373110 348112 398108
May 2027 376520 355434 397605
June 2027 377770 340371 415169
July 2027 377860 357078 398642
August 2027 376219 341983 410455
September 2027 374379 350044 398714
October 2027 372548 337901 407195
November 2027 370725 334024 407427
December 2027 372432 349714 395150
Elk Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 375836 348775 402896
February 2028 379270 349308 409232
March 2028 380913 350059 411767
April 2028 382282 359728 404837
May 2028 385062 360418 409706
June 2028 388581 363712 413450
July 2028 392132 372133 412131
August 2028 395716 375138 416293
September 2028 399332 374174 424490
October 2028 402981 376787 429175
November 2028 405202 381700 428704
December 2028 405292 369221 441363
Elk Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 407804 373141 442467
February 2029 411531 389720 433342
March 2029 415292 385806 444777
April 2029 419087 378016 460157
May 2029 422143 398503 445783
June 2029 423342 400058 446626
July 2029 423573 387146 460000
August 2029 422900 381878 463921
September 2029 420831 386744 454919
October 2029 418773 384852 452693
November 2029 422600 389637 455562
December 2029 422529 384501 460556
Elk Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 421543 383183 459903
February 2030 419481 393473 445489
March 2030 417429 386122 448736
April 2030 415387 392126 438649
May 2030 413802 379043 448561
June 2030 417584 388770 446397
July 2030 421400 381367 461433
August 2030 425251 386553 463948
September 2030 429137 405105 453168
October 2030 433058 396682 469435
November 2030 437016 405551 468481
December 2030 441010 406611 475408
Elk Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 445040 402761 487319
February 2031 449107 419915 478299
March 2031 453211 413328 493094
April 2031 455119 424626 485612
May 2031 453503 423572 483434
June 2031 453554 422259 484850
July 2031 457699 432984 482415
August 2031 461882 423084 500680
September 2031 466103 420891 511315
October 2031 470362 431793 508932
November 2031 474661 445707 503615
December 2031 478999 452175 505822
Elk Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 483376 435522 531230
February 2032 487793 439990 535597
March 2032 492251 452379 532123
April 2032 493886 462277 525494
May 2032 494004 463869 524138
June 2032 491858 463822 519894
July 2032 489452 456170 522735
August 2032 487058 450529 523588
September 2032 484676 439601 529751
October 2032 486907 461101 512713
November 2032 491357 449100 533613
December 2032 495847 448246 543448
Elk Park Housing Market Forecast with Real Estate Prices for 2033
January 2033 497995 465626 530365
February 2033 499785 453805 545765
March 2033 503419 463146 543693
April 2033 508020 459250 556790
May 2033 512662 471137 554188
June 2033 517347 470269 564426
July 2033 522075 491795 552356

> 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.