Current Price

$220,378

1 Month Forecast

â–² $223,606

1-Year Forecast *

â–² $235,589

5-Year Forecast *

â–² $270,423

"Is it a good time to buy homes in Elkin?" "Does investing in real estate in Elkin (North Carolina State, Surry County) worth it?" According to our live Forecast System, buying a house in Elkin is a acceptable short-term (1-year) investment*. The Elkin average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elkin" 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 Elkin in North Carolina State, Surry County. If you are looking for homes for sale with good flipping profit, Elkin can be a profitable property investment option. The median price of an average house in Elkin was 220,378 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elkin" area is 270,423 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +22.71% meaning that investing 100000 USD today may yield a profit of 22,709 USD by 2031.

Current Median Listing Price: 220,378 USD Median Listing Price Per Square Foot: 122 USD

Elkin 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.

Elkin (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.

Elkin Price Target

Elkin median home price target in 12 months: $235,589* (upside of 6.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $225,480 $222,250 $220,432 $226,088
2024 $206,685 $220,378 $204,174 $220,378
2023 $196,537 $209,107 $195,481 $209,695
2022 $175,300 $198,006 $175,300 $198,771
2021 $153,993 $172,695 $153,993 $172,695
2020 $132,364 $151,996 $132,364 $151,996
2019 $124,453 $131,009 $124,453 $131,009
2018 $117,973 $123,721 $117,968 $123,721
2017 $116,288 $117,617 $115,530 $117,617
2016 $112,501 $115,973 $112,501 $115,973
2015 $106,517 $112,275 $106,406 $112,275
2014 $101,832 $106,720 $101,832 $107,366
2013 $101,067 $102,436 $99,416 $103,414
2012 $101,394 $101,739 $101,394 $104,654

Questions & Answers about the Elkin Housing Market Forecast

How much does an average home cost in Elkin today?

The value of an average home (the listing price) in Elkin is $220,378 USD.

What is the average price per square foot in Elkin?

According to Walletinvestor the median price per square foot in Elkin is 122 USD.

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

Yes. The Elkin home prices may rise from 220,378 USD to 235,589 USD in one year.

Is it profitable to invest in Elkin homes?

Yes. The long-term profit potential is +6.90% in one year.

Will Elkin house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elkin home in 2030 in Elkin is 261,330 USD.

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

The predicted home sales price of a Elkin home in 2035 in Elkin is 314,022 USD.

Will real estate prices decrease in Elkin?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elkin is the 5160. largest city in the United States, located in North Carolina State.

During the last 12 months the real estate prices in Surry, Elkin decreased, looking at the past 12 months.

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

Median home values decreased by 1.707% to 220,378 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 5.252% in 2021
  • 8.862% in 2022
  • 8.802% in 2023
  • 5.842% in 2024
  • 6.722% in 2025
  • 8.662% in 2026

Based on our Elkin real estate market research and report the predicted sales prices will increase by 94.924% in the next 10 years.

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

Elkin (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
Elkin Housing Market Forecast with Real Estate Prices for 2025
August 2025 223606 204153 243060
September 2025 224971 212597 237344
October 2025 226343 210047 242640
November 2025 227725 213378 242071
December 2025 229114 215826 242403
Elkin Housing Market Forecast with Real Estate Prices for 2026
January 2026 229124 212169 246079
February 2026 229152 215403 242902
March 2026 230287 215088 245486
April 2026 231328 216292 246364
May 2026 232740 212724 252755
June 2026 234160 214959 253361
July 2026 235589 223809 247368
August 2026 237026 214746 259307
September 2026 238473 224403 252542
October 2026 239928 218334 261521
November 2026 241392 219908 262876
December 2026 242351 224175 260528
Elkin Housing Market Forecast with Real Estate Prices for 2027
January 2027 242074 228518 255630
February 2027 242286 224357 260215
March 2027 241958 226231 257685
April 2027 241417 222345 260489
May 2027 240580 222536 258623
June 2027 239745 217928 261562
July 2027 239869 220680 259059
August 2027 241333 221061 261605
September 2027 242805 225081 260530
October 2027 244287 225721 262853
November 2027 245778 222674 268881
December 2027 247277 227001 267554
Elkin Housing Market Forecast with Real Estate Prices for 2028
January 2028 248786 225151 272421
February 2028 250304 228778 271830
March 2028 251270 226897 275644
April 2028 250566 235281 265850
May 2028 249696 234964 264428
June 2028 248830 228675 268985
July 2028 248589 233425 263752
August 2028 250105 234849 265362
September 2028 251632 226972 276291
October 2028 253167 235445 270889
November 2028 254712 238156 271268
December 2028 256266 239353 273180
Elkin Housing Market Forecast with Real Estate Prices for 2029
January 2029 256967 240778 273156
February 2029 257763 233791 281735
March 2029 258372 233052 283693
April 2029 259949 246171 273726
May 2029 261535 235643 287427
June 2029 262240 242834 281645
July 2029 261330 244866 277794
August 2029 260423 236985 283861
September 2029 259520 243430 275610
October 2029 259403 236575 282230
November 2029 260986 245588 276384
December 2029 262578 246561 278596
Elkin Housing Market Forecast with Real Estate Prices for 2030
January 2030 264181 242254 286107
February 2030 265793 249048 282537
March 2030 267414 251904 282924
April 2030 269046 250482 287610
May 2030 269058 255336 282780
June 2030 269091 246487 291695
July 2030 270423 248789 292057
August 2030 271646 244753 298539
September 2030 273304 248980 297628
October 2030 274971 257923 292019
November 2030 276649 259497 293801
December 2030 278337 259967 296707
Elkin Housing Market Forecast with Real Estate Prices for 2031
January 2031 280036 260713 299358
February 2031 281744 261741 301748
March 2031 283464 257101 309826
April 2031 284590 260115 309065
May 2031 284265 268061 300468
June 2031 284514 264882 304145
July 2031 284128 259125 309132
August 2031 283494 259964 307024
September 2031 282510 255389 309631
October 2031 281530 259571 303490
November 2031 281675 261113 302238
December 2031 283394 255338 311450
Elkin Housing Market Forecast with Real Estate Prices for 2032
January 2032 285123 256611 313636
February 2032 286863 258177 315550
March 2032 288614 266102 311126
April 2032 290375 261918 318832
May 2032 292147 276079 308215
June 2032 293929 276294 311565
July 2032 295064 274705 315423

> 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.