Current Price

$298,528

1 Month Forecast

â–² $342,222

1-Year Forecast *

â–² $357,462

5-Year Forecast *

â–² $444,499

"Is it a good time to buy homes in Elmo?" "Does investing in real estate in Elmo (Utah State, Emery County) worth it?" According to our live Forecast System, buying a house in Elmo is a good short-term (1-year) investment*. The Elmo average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elmo" 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 Elmo in Utah State, Emery County. If you are looking for homes for sale with good flipping profit, Elmo can be a profitable property investment option. The median price of an average house in Elmo was 298,528 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmo" area is 444,499 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +48.90% meaning that investing 100000 USD today may yield a profit of 48,897 USD by 2031.

Current Median Listing Price: 298,528 USD Median Listing Price Per Square Foot: 166 USD

Elmo 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.

Elmo (Utah 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.

Elmo Price Target

Elmo median home price target in 12 months: $357,462* (upside of 19.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $325,798 $339,549 $325,798 $339,549
2024 $278,645 $298,528 $276,296 $298,528
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
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 Elmo Housing Market Forecast

How much does an average home cost in Elmo today?

The value of an average home (the listing price) in Elmo is $298,528 USD.

What is the average price per square foot in Elmo?

According to Walletinvestor the median price per square foot in Elmo is 166 USD.

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

Yes. The Elmo home prices may rise from 298,528 USD to 357,462 USD in one year.

Is it profitable to invest in Elmo homes?

Yes. The long-term profit potential is +19.74% in one year.

Will Elmo house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elmo home in 2030 in Elmo is 428,342 USD.

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

The predicted home sales price of a Elmo home in 2035 in Elmo is 584,232 USD.

Will real estate prices decrease in Elmo?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elmo is the 21555. largest city in the United States, located in Utah State.

During the last 12 months the real estate prices in Emery, Elmo decreased, looking at the past 12 months.

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

Median home values decreased by 10.603% to 298,528 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 19.671% in 2021
  • 19.061% in 2022
  • 17.771% in 2023
  • 21.631% in 2024
  • 17.921% in 2025
  • 20.151% in 2026

Based on our Elmo real estate market research and report the predicted sales prices will increase by 505.959% in the next 10 years.

Over the last 12 months, the value of homes in Elmo fluctuated: increasing 4 times .

Elmo (Utah) 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
Elmo Housing Market Forecast with Real Estate Prices for 2025
August 2025 342222 309711 374733
September 2025 343372 315559 371185
October 2025 345713 325316 366110
November 2025 344512 317984 371039
December 2025 341834 321665 362002
Elmo Housing Market Forecast with Real Estate Prices for 2026
January 2026 338867 319891 357844
February 2026 337127 313866 360389
March 2026 339213 315807 362619
April 2026 343686 325471 361901
May 2026 348218 316182 380254
June 2026 352809 320704 384915
July 2026 357462 334227 380697
August 2026 362175 343342 381008
September 2026 365548 334842 396254
October 2026 367807 334705 400910
November 2026 369163 338523 399804
December 2026 369652 343407 395897
Elmo Housing Market Forecast with Real Estate Prices for 2027
January 2027 371692 337496 405887
February 2027 374618 345398 403838
March 2027 375877 339041 412713
April 2027 378439 347786 409093
May 2027 377124 343560 410689
June 2027 374193 352864 395522
July 2027 370945 348689 393202
August 2027 369041 333613 404469
September 2027 371324 352387 390262
October 2027 376220 357409 395031
November 2027 381181 346494 415869
December 2027 386208 349132 423283
Elmo Housing Market Forecast with Real Estate Prices for 2028
January 2028 391300 369387 413213
February 2028 396460 371879 421040
March 2028 400152 369740 430563
April 2028 402625 382494 422757
May 2028 404109 368144 440075
June 2028 404645 382389 426900
July 2028 406877 379209 434545
August 2028 410081 371123 449039
September 2028 411459 371959 450959
October 2028 414263 376565 451961
November 2028 412824 385991 439658
December 2028 409615 382171 437059
Elmo Housing Market Forecast with Real Estate Prices for 2029
January 2029 406060 385351 426769
February 2029 403976 374081 433870
March 2029 406475 378022 434928
April 2029 411835 377652 446017
May 2029 417265 390143 444387
June 2029 422767 383450 462085
July 2029 428342 394503 462181
August 2029 433990 410121 457859
September 2029 438031 397294 478768
October 2029 440739 401073 480406
November 2029 442364 400339 484388
December 2029 442950 406628 479271
Elmo Housing Market Forecast with Real Estate Prices for 2030
January 2030 445393 416443 474344
February 2030 448900 418375 479426
March 2030 450409 420231 480586
April 2030 453479 411305 495653
May 2030 451904 427501 476307
June 2030 448391 411622 485159
July 2030 444499 408940 480059
August 2030 442217 400207 484228
September 2030 444953 422261 467646
October 2030 450820 421066 480575
November 2030 456765 429359 484171
December 2030 462788 432244 493332
Elmo Housing Market Forecast with Real Estate Prices for 2031
January 2031 468890 434661 503119
February 2031 475073 446094 504052
March 2031 479497 437301 521693
April 2031 482461 438075 526848
May 2031 484240 454701 513778
June 2031 484881 452394 517368
July 2031 487556 463178 511934
August 2031 491395 459946 522844
September 2031 493046 453602 532489
October 2031 496407 446766 546048
November 2031 494682 448182 541183
December 2031 490837 446661 535012
Elmo Housing Market Forecast with Real Estate Prices for 2032
January 2032 486577 441326 531829
February 2032 484079 448257 519901
March 2032 487074 452492 521656
April 2032 493497 455004 531989
May 2032 500004 456003 544004
June 2032 506597 457457 555737
July 2032 513277 480940 545613

> 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.