Elk Creek Real Estate Forecast, Elk Creek Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Elk Creek a good investment? The median home price in Elk Creek today: ▼ 220,170 USD (-6.650%)

Current Price

$220,170

1 Month Forecast

▲ $237,554

1-Year Forecast *

▲ $255,835

5-Year Forecast *

▲ $298,513

"Is it a good time to buy homes in Elk Creek?" "Does investing in real estate in Elk Creek (Virginia State, Grayson County) worth it?" According to our live Forecast System, buying a house in Elk Creek is a good short-term (1-year) investment*. The Elk Creek 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 Creek" 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 Creek in Virginia State, Grayson County. If you are looking for homes for sale with good flipping profit, Elk Creek can be a profitable property investment option. The median price of an average house in Elk Creek was 220,170 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 Creek" area is 298,513 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +35.58% meaning that investing 100000 USD today may yield a profit of 35,583 USD by 2030.

Current Median Listing Price: 220,170 USD Median Listing Price Per Square Foot: 122 USD

Elk Creek 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 Creek (Virginia 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 Creek Price Target

Elk Creek median home price target in 12 months: $255,835* (upside of 16.2%)

14 Years Historical Data

Date	Opening price	Closing price	Minimum price	Maximum price
2025	$234,490	$235,855	$234,435	$235,967
2024	$208,529	$220,170	$208,529	$220,170
2023	$200,674	$207,657	$195,773	$207,657
2022	$197,933	$203,348	$197,933	$210,162
2021	$169,669	$195,161	$169,669	$195,161
2020	$150,828	$166,893	$150,828	$166,893
2019	$147,008	$150,526	$147,008	$150,526
2018	$141,175	$145,675	$141,107	$145,675
2017	$138,443	$140,828	$138,443	$141,767
2016	$140,500	$137,352	$136,892	$141,882
2015	$130,345	$138,323	$130,345	$138,323
2014	$126,572	$129,366	$126,572	$129,366
2013	$123,334	$126,273	$123,334	$128,632
2012	$0	$122,488	$0	$122,488

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Questions & Answers about the Elk Creek Housing Market Forecast

How much does an average home cost in Elk Creek today?

The value of an average home (the listing price) in Elk Creek is $220,170 USD.

What is the average price per square foot in Elk Creek?

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

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

Yes. The Elk Creek home prices may rise from 220,170 USD to 255,835 USD in one year.

Is it profitable to invest in Elk Creek homes?

Yes. The long-term profit potential is +16.20% in one year.

Will Elk Creek house prices fall / drop?

No. See above.

What is the predicted price of a Elk Creek home in 2030?

The predicted home sales price of a Elk Creek home in 2030 in Elk Creek is 298,513 USD.

What is the predicted price of a Elk Creek home in 2035?

The predicted home sales price of a Elk Creek home in 2035 in Elk Creek is 377,818 USD.

Will real estate prices decrease in Elk Creek?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elk Creek is the 19740. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Grayson, Elk Creek increased, looking at the past 12 months.

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

Median home values increased by 0.601% to 220,170 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

17.909% in 2020
16.309% in 2021
14.699% in 2022
14.809% in 2023
17.039% in 2024
14.479% in 2025

Based on our Elk Creek real estate market research and report the predicted sales prices will increase by 348.772% in the next 10 years.

Over the last 12 months, the value of homes in Elk Creek fluctuated: increasing 5 times and decreasing 5 times.

Elk Creek (Virginia) 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 Creek Housing Market Forecast with Real Estate Prices for 2025
August 2025	237554	218550	256558
September 2025	239265	222038	256493
October 2025	240989	226289	255690
November 2025	242725	223065	262386
December 2025	244474	228828	260121
Elk Creek Housing Market Forecast with Real Estate Prices for 2026
January 2026	246236	227768	264703
February 2026	248010	228169	267850
March 2026	249796	234059	265534
April 2026	251596	226436	276756
May 2026	253409	232629	274188
June 2026	255234	232774	277695
July 2026	255835	234089	277581
August 2026	256337	236599	276074
September 2026	258183	236496	279871
October 2026	260043	237940	282147
November 2026	261917	246988	276846
December 2026	263804	239534	288074
Elk Creek Housing Market Forecast with Real Estate Prices for 2027
January 2027	265705	249497	281913
February 2027	267619	248618	286620
March 2027	269547	253913	285181
April 2027	271469	252194	290743
May 2027	272038	250275	293801
June 2027	271792	249777	293807
July 2027	270595	253548	287643
August 2027	269404	245157	293650
September 2027	268218	247565	288870
October 2027	267036	248878	285195
November 2027	265861	251770	279951
December 2027	264690	248279	281101
Elk Creek Housing Market Forecast with Real Estate Prices for 2028
January 2028	263524	242706	284343
February 2028	263855	238261	289449
March 2028	265756	246090	285422
April 2028	267671	244651	290691
May 2028	269599	254232	284967
June 2028	270904	250044	291764
July 2028	272775	250681	294870
August 2028	273647	258597	288698
September 2028	275619	261838	289400
October 2028	277243	249796	304690
November 2028	278407	262816	293998
December 2028	279092	253974	304211
Elk Creek Housing Market Forecast with Real Estate Prices for 2029
January 2029	280682	266086	295277
February 2029	282704	263763	301645
March 2029	284741	259114	310368
April 2029	286792	260121	313464
May 2029	288545	272098	304992
June 2029	288932	265529	312336
July 2029	288727	268516	308938
August 2029	288771	263936	313605
September 2029	288720	266200	311240
October 2029	290463	262578	318347
November 2029	292555	274124	310986
December 2029	294398	268197	320600
Elk Creek Housing Market Forecast with Real Estate Prices for 2030
January 2030	294159	266214	322104
February 2030	293119	266445	319793
March 2030	292542	267384	317701
April 2030	292487	269380	315593
May 2030	294258	270423	318093
June 2030	296378	275631	317124
July 2030	298513	277319	319708
August 2030	300664	276009	325318
September 2030	302830	274970	330690
October 2030	305012	281526	328498
November 2030	307209	278639	335780
December 2030	309423	285288	333558
Elk Creek Housing Market Forecast with Real Estate Prices for 2031
January 2031	311652	293888	329416
February 2031	313897	287216	340578
March 2031	316159	293395	338922
April 2031	318436	293917	342956
May 2031	319186	296843	341529
June 2031	319812	301263	338361
July 2031	322116	305044	339188
August 2031	324436	291993	356880
September 2031	326774	296711	356837
October 2031	329128	300165	358091
November 2031	331499	301333	361666
December 2031	333888	301834	365941
Elk Creek Housing Market Forecast with Real Estate Prices for 2032
January 2032	336293	312753	359834
February 2032	338691	314983	362399
March 2032	339402	319377	359426
April 2032	339094	318071	360118
May 2032	337601	317008	358195
June 2032	336115	314939	357290
July 2032	334635	305856	363413
August 2032	333161	310839	355483
September 2032	331694	311461	351927
October 2032	330233	303154	357312
November 2032	328779	309710	347848
December 2032	329192	304832	353552
Elk Creek Housing Market Forecast with Real Estate Prices for 2033
January 2033	331564	314654	348474
February 2033	333953	308572	359333
March 2033	336359	316177	356540
April 2033	337986	306216	369757
May 2033	340321	315137	365505
June 2033	341409	317852	364966
July 2033	343869	323581	364157

> 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.

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