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Today: September 23, 2025
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Elko Real Estate Forecast, Elko Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Elko a good investment? The median home price in Elko today: ▼ 337,677 USD (-4.992%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$337,677

1 Month Forecast

▲ $356,865

1-Year Forecast *

▲ $369,333

5-Year Forecast *

▲ $414,774

"Is it a good time to buy homes in Elko?" "Does investing in real estate in Elko (Nevada State, Elko County) worth it?" According to our live Forecast System, buying a house in Elko is a acceptable short-term (1-year) investment*. The Elko average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elko" 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 Elko in Nevada State, Elko County. If you are looking for homes for sale with good flipping profit, Elko can be a profitable property investment option. The median price of an average house in Elko was 337,677 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elko" area is 414,774 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +22.83% meaning that investing 100000 USD today may yield a profit of 22,832 USD by 2030.

Current Median Listing Price: 337,677 USD Median Listing Price Per Square Foot: 188 USD

Elko 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.

Elko (Nevada 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.

Elko Price Target

Elko median home price target in 12 months: $369,333* (upside of 9.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $352,227 $355,420 $352,227 $355,420
2024 $328,282 $337,677 $328,282 $337,677
2023 $312,933 $327,685 $312,173 $327,685
2022 $299,521 $313,665 $299,521 $313,665
2021 $271,709 $296,539 $271,709 $296,539
2020 $259,997 $270,684 $259,997 $270,999
2019 $254,003 $259,624 $254,003 $259,624
2018 $245,660 $253,230 $245,660 $253,230
2017 $243,077 $245,733 $243,077 $246,188
2016 $242,873 $242,850 $242,671 $244,780
2015 $236,576 $242,525 $236,576 $242,525
2014 $236,280 $235,899 $234,450 $236,280
2013 $226,847 $236,083 $226,847 $236,118
2012 $215,031 $226,174 $215,031 $226,174

Questions & Answers about the Elko Housing Market Forecast

How much does an average home cost in Elko today?

The value of an average home (the listing price) in Elko is $337,677 USD.

What is the average price per square foot in Elko?

According to Walletinvestor the median price per square foot in Elko is 188 USD.

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

Yes. The Elko home prices may rise from 337,677 USD to 369,333 USD in one year.

Is it profitable to invest in Elko homes?

Yes. The long-term profit potential is +9.37% in one year.

Will Elko house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elko home in 2030 in Elko is 414,774 USD.

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

The predicted home sales price of a Elko home in 2035 in Elko is 482,915 USD.

Will real estate prices decrease in Elko?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elko is the 2762. largest city in the United States, located in Nevada State.

During the last 12 months the real estate prices in Elko, Elko increased, looking at the past 12 months.

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

Median home values increased by 1.844% to 337,677 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 7.494% in 2020
  • 8.164% in 2021
  • 9.494% in 2022
  • 8.344% in 2023
  • 7.714% in 2024
  • 11.084% in 2025

Based on our Elko real estate market research and report the predicted sales prices will increase by 144.997% in the next 10 years.

Over the last 12 months, the value of homes in Elko fluctuated: increasing 10 times .

Elko (Nevada) 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
Elko Housing Market Forecast with Real Estate Prices for 2025
August 2025 356865 335453 378277
September 2025 357181 332178 382184
October 2025 356766 325727 387804
November 2025 358117 329109 387124
December 2025 359573 328290 390856
Elko Housing Market Forecast with Real Estate Prices for 2026
January 2026 361035 325654 396417
February 2026 362503 332053 392954
March 2026 363978 344323 383632
April 2026 365458 346454 384462
May 2026 366944 336855 397033
June 2026 368436 334909 401964
July 2026 369333 333507 405158
August 2026 370690 334733 406647
September 2026 372197 340561 403834
October 2026 373711 340824 406598
November 2026 375231 347839 402623
December 2026 376757 348123 405390
Elko Housing Market Forecast with Real Estate Prices for 2027
January 2027 378289 354078 402499
February 2027 379827 349821 409834
March 2027 381372 348955 413789
April 2027 382923 348460 417386
May 2027 383686 348004 419369
June 2027 383472 357012 409931
July 2027 382728 355555 409902
August 2027 383902 352422 415382
September 2027 385015 364609 405421
October 2027 385887 355402 416372
November 2027 385060 357335 412784
December 2027 384358 345922 422794
Elko Housing Market Forecast with Real Estate Prices for 2028
January 2028 384124 352242 416007
February 2028 385231 357109 413353
March 2028 386798 364364 409232
April 2028 388371 356136 420606
May 2028 389950 367723 412178
June 2028 391536 355515 427558
July 2028 393128 366396 419861
August 2028 394727 359597 429858
September 2028 396332 366211 426454
October 2028 397726 369886 425567
November 2028 398451 367371 429530
December 2028 398560 361893 435228
Elko Housing Market Forecast with Real Estate Prices for 2029
January 2029 398511 369419 427602
February 2029 398730 359654 437806
March 2029 399522 379546 419499
April 2029 400597 365745 435449
May 2029 400997 367313 434680
June 2029 401398 364871 437926
July 2029 402434 362191 442678
August 2029 404071 363664 444478
September 2029 405714 368388 443040
October 2029 407364 378849 435880
November 2029 409021 386525 431517
December 2029 410204 379029 441380
Elko Housing Market Forecast with Real Estate Prices for 2030
January 2030 410515 378084 442945
February 2030 411039 388843 433235
March 2030 412134 391115 433153
April 2030 412717 386715 438718
May 2030 412729 381774 443683
June 2030 414407 374624 454190
July 2030 414774 377859 451689
August 2030 414292 388606 439978
September 2030 415860 383423 448298
October 2030 417552 394169 440935
November 2030 419250 377325 461175
December 2030 420955 386436 455473
Elko Housing Market Forecast with Real Estate Prices for 2031
January 2031 422667 400688 444645
February 2031 424386 391283 457488
March 2031 426111 385205 467018
April 2031 427844 404313 451376
May 2031 428885 389428 468343
June 2031 430461 400329 460593
July 2031 432212 403686 460738
August 2031 433969 395780 472159
September 2031 435734 410026 461443
October 2031 437506 395943 479069
November 2031 439286 412489 466082
December 2031 441072 415931 466213
Elko Housing Market Forecast with Real Estate Prices for 2032
January 2032 442866 400793 484938
February 2032 444667 413095 476238
March 2032 445553 414810 476296
April 2032 445304 408789 481819
May 2032 444441 415552 473329
June 2032 445804 411031 480577
July 2032 447096 403728 490465
August 2032 448109 418982 477236
September 2032 447148 402880 491416
October 2032 446333 406609 486057
November 2032 446062 421975 470149
December 2032 447347 412454 482240
Elko Housing Market Forecast with Real Estate Prices for 2033
January 2033 449167 407394 490939
February 2033 450993 409953 492034
March 2033 452827 430186 475469
April 2033 454669 415567 493770
May 2033 456518 428214 484822
June 2033 458374 424913 491836
July 2033 460239 437227 483250

> 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.