Current Price

$398,175

1 Month Forecast

â–² $426,405

1-Year Forecast *

â–² $446,842

5-Year Forecast *

â–² $520,000

"Is it a good time to buy homes in Elkins Park?" "Does investing in real estate in Elkins Park (Pennsylvania State, Montgomery County) worth it?" According to our live Forecast System, buying a house in Elkins Park is a good short-term (1-year) investment*. The Elkins 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 "Elkins 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 Elkins Park in Pennsylvania State, Montgomery County. If you are looking for homes for sale with good flipping profit, Elkins Park can be a profitable property investment option. The median price of an average house in Elkins Park was 398,175 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elkins Park" area is 520,000 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +30.60% meaning that investing 100000 USD today may yield a profit of 30,596 USD by 2031.

Current Median Listing Price: 398,175 USD Median Listing Price Per Square Foot: 221 USD

Elkins 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.

Elkins Park (Pennsylvania 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.

Elkins Park Price Target

Elkins Park median home price target in 12 months: $446,842* (upside of 12.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $421,723 $423,765 $421,723 $424,476
2024 $381,391 $398,175 $381,391 $398,175
2023 $359,598 $380,549 $359,598 $380,549
2022 $327,001 $359,533 $327,001 $360,770
2021 $292,053 $323,005 $292,053 $323,005
2020 $260,377 $287,140 $260,377 $287,140
2019 $250,206 $260,321 $250,206 $260,321
2018 $244,757 $249,484 $244,757 $249,484
2017 $232,410 $243,263 $232,410 $243,263
2016 $0 $231,826 $0 $231,826
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elkins Park Housing Market Forecast

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

The value of an average home (the listing price) in Elkins Park is $398,175 USD.

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

According to Walletinvestor the median price per square foot in Elkins Park is 221 USD.

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

Yes. The Elkins Park home prices may rise from 398,175 USD to 446,842 USD in one year.

Is it profitable to invest in Elkins Park homes?

Yes. The long-term profit potential is +12.22% in one year.

Will Elkins Park house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elkins Park home in 2030 in Elkins Park is 505,820 USD.

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

The predicted home sales price of a Elkins Park home in 2035 in Elkins Park is 616,876 USD.

Will real estate prices decrease in Elkins Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elkins Park is the 3470. largest city in the United States, located in Pennsylvania State.

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

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

Median home values decreased by 6.196% to 398,175 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.632% in 2021
  • 13.332% in 2022
  • 12.312% in 2023
  • 12.532% in 2024
  • 12.302% in 2025
  • 12.832% in 2026

Based on our Elkins Park real estate market research and report the predicted sales prices will increase by 216.809% in the next 10 years.

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

Elkins Park (Pennsylvania) 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
Elkins Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 426405 389734 463075
September 2025 429061 387013 471109
October 2025 431733 399353 464113
November 2025 434423 406185 462660
December 2025 436926 405030 468821
Elkins Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 436033 392866 479201
February 2026 435605 395529 475680
March 2026 436376 394920 477832
April 2026 438595 416665 460524
May 2026 441327 410875 471778
June 2026 444076 412547 475605
July 2026 446842 406180 487505
August 2026 449626 421299 477952
September 2026 452426 427995 476857
October 2026 455245 428841 481649
November 2026 456652 431993 481311
December 2026 456239 427040 485439
Elkins Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 454603 430963 478242
February 2027 454325 428428 480222
March 2027 454715 411972 497458
April 2027 455141 431018 479263
May 2027 455222 429275 481170
June 2027 455248 424746 485750
July 2027 456230 423837 488622
August 2027 458187 427488 488885
September 2027 461041 421391 500690
October 2027 463913 423088 504737
November 2027 466803 437394 496211
December 2027 469710 446225 493196
Elkins Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 472636 430099 515174
February 2028 475580 437534 513627
March 2028 476866 438717 515016
April 2028 477901 440147 515655
May 2028 478958 455010 502906
June 2028 481235 440330 522140
July 2028 484107 439085 529129
August 2028 487123 440359 533886
September 2028 489918 462483 517354
October 2028 491953 445218 538689
November 2028 492892 447053 538731
December 2028 493595 449171 538018
Elkins Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 494229 456173 532284
February 2029 495368 456729 534007
March 2029 496844 470511 523177
April 2029 499428 460972 537884
May 2029 502539 455803 549276
June 2029 505343 463905 546781
July 2029 505820 478000 533640
August 2029 505142 476854 533430
September 2029 503984 468201 539766
October 2029 503904 455025 552782
November 2029 504972 464575 545370
December 2029 508118 471025 545211
Elkins Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 511283 468847 553720
February 2030 514468 467651 561285
March 2030 517673 480400 554945
April 2030 520655 485251 556060
May 2030 519592 484260 554924
June 2030 519081 475478 562684
July 2030 520000 489320 550680
August 2030 522644 490763 554525
September 2030 525900 499079 552721
October 2030 529176 483137 575214
November 2030 532472 492004 572940
December 2030 535789 493997 577580
Elkins Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 539126 488449 589804
February 2031 542485 505596 579374
March 2031 544161 513144 575179
April 2031 543670 492565 594775
May 2031 541720 488631 594808
June 2031 541389 501326 581452
July 2031 541853 491461 592246
August 2031 542361 509819 574902
September 2031 542458 510995 573921
October 2031 542489 489325 595653
November 2031 543659 498535 588782
December 2031 545991 500127 591854
Elkins Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 549392 509835 588948
February 2032 552814 509694 595933
March 2032 556258 515094 597421
April 2032 559723 523341 596105
May 2032 563209 508015 618404
June 2032 566718 510046 623389
July 2032 568250 521653 614846

> 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.