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

Is buying a house in Elk a good investment? The median home price in Elk today: ▼ 466,467 USD (-7.078%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$466,467

1 Month Forecast

▲ $506,426

1-Year Forecast *

▲ $554,778

5-Year Forecast *

▲ $581,241

"Is it a good time to buy homes in Elk?" "Does investing in real estate in Elk (Washington State, Spokane County) worth it?" According to our live Forecast System, buying a house in Elk is a good short-term (1-year) investment*. The Elk 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" 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 in Washington State, Spokane County. If you are looking for homes for sale with good flipping profit, Elk can be a profitable property investment option. The median price of an average house in Elk was 466,467 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" area is 581,241 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +24.60% meaning that investing 100000 USD today may yield a profit of 24,605 USD by 2030.

Current Median Listing Price: 466,467 USD Median Listing Price Per Square Foot: 259 USD

Elk 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 (Washington 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 Price Target

Elk median home price target in 12 months: $554,778* (upside of 18.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $505,010 $501,996 $499,393 $505,010
2024 $460,595 $466,467 $459,532 $467,044
2023 $462,134 $461,885 $456,810 $464,162
2022 $446,002 $466,809 $446,002 $491,283
2021 $375,492 $442,001 $375,492 $442,629
2020 $311,547 $368,066 $311,547 $368,066
2019 $281,674 $308,484 $281,674 $308,484
2018 $255,474 $280,762 $255,474 $280,762
2017 $226,801 $253,148 $226,801 $253,148
2016 $207,985 $223,546 $207,985 $223,546
2015 $184,943 $205,899 $184,943 $205,899
2014 $175,758 $182,348 $175,758 $182,348
2013 $169,497 $174,258 $169,497 $174,258
2012 $166,328 $168,132 $164,847 $169,346

Questions & Answers about the Elk Housing Market Forecast

How much does an average home cost in Elk today?

The value of an average home (the listing price) in Elk is $466,467 USD.

What is the average price per square foot in Elk?

According to Walletinvestor the median price per square foot in Elk is 259 USD.

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

Yes. The Elk home prices may rise from 466,467 USD to 554,778 USD in one year.

Is it profitable to invest in Elk homes?

Yes. The long-term profit potential is +18.93% in one year.

Will Elk house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elk home in 2030 in Elk is 581,241 USD.

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

The predicted home sales price of a Elk home in 2035 in Elk is 672,995 USD.

Will real estate prices decrease in Elk?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elk is the 9979. largest city in the United States, located in Washington State.

During the last 12 months the real estate prices in Spokane, Elk decreased, looking at the past 12 months.

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

Median home values decreased by 0.062% to 466,467 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 18.182% in 2020
  • 18.172% in 2021
  • 19.952% in 2022
  • 17.852% in 2023
  • 19.032% in 2024
  • 20.542% in 2025

Based on our Elk real estate market research and report the predicted sales prices will increase by 466.220% in the next 10 years.

Over the last 12 months, the value of homes in Elk fluctuated: increasing 4 times and decreasing 6 times.

Elk (Washington) 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 Housing Market Forecast with Real Estate Prices for 2025
August 2025 506426 473508 539343
September 2025 510894 461338 560451
October 2025 515402 481386 549419
November 2025 519950 480954 558947
December 2025 524538 496738 552339
Elk Housing Market Forecast with Real Estate Prices for 2026
January 2026 529167 492125 566209
February 2026 533836 502340 565333
March 2026 538547 504080 573014
April 2026 543299 510158 576440
May 2026 548093 506438 589748
June 2026 552929 522518 583340
July 2026 554778 514834 594722
August 2026 554280 499960 608599
September 2026 553410 504156 602663
October 2026 553991 505794 602188
November 2026 558879 506345 611414
December 2026 563811 525472 602150
Elk Housing Market Forecast with Real Estate Prices for 2027
January 2027 568786 513614 623958
February 2027 573805 532491 615119
March 2027 578868 536032 621704
April 2027 583976 541930 626022
May 2027 584549 526094 643004
June 2027 580936 529232 632639
July 2027 577344 547323 607366
August 2027 573775 516398 631153
September 2027 570228 520618 619838
October 2027 566703 526467 606939
November 2027 563200 522650 603750
December 2027 559718 509344 610093
Elk Housing Market Forecast with Real Estate Prices for 2028
January 2028 557730 528728 586732
February 2028 558640 526239 591041
March 2028 560480 515082 605879
April 2028 561980 514773 609186
May 2028 562755 518297 607212
June 2028 564350 524281 604419
July 2028 566262 513033 619491
August 2028 566707 530438 602976
September 2028 565652 521531 609772
October 2028 563926 514864 612988
November 2028 562352 512865 611839
December 2028 561325 507437 615212
Elk Housing Market Forecast with Real Estate Prices for 2029
January 2029 561054 514487 607622
February 2029 562658 521021 604294
March 2029 565329 511058 619601
April 2029 567646 538696 596596
May 2029 569631 525200 614063
June 2029 570225 522326 618123
July 2029 569876 533974 605778
August 2029 569037 538878 599196
September 2029 568591 537319 599864
October 2029 569521 536488 602553
November 2029 574546 527433 621659
December 2029 573840 534819 612861
Elk Housing Market Forecast with Real Estate Prices for 2030
January 2030 571211 523229 619193
February 2030 568963 527429 610497
March 2030 568155 517589 618721
April 2030 568980 530858 607102
May 2030 571117 523143 619091
June 2030 576157 533521 618792
July 2030 581241 538810 623671
August 2030 586369 544737 628002
September 2030 591544 557826 625262
October 2030 596763 550813 642714
November 2030 602029 556877 647181
December 2030 607341 567864 646819
Elk Housing Market Forecast with Real Estate Prices for 2031
January 2031 612701 566135 659266
February 2031 618107 576694 659520
March 2031 623561 581783 665340
April 2031 629064 578738 679389
May 2031 631167 599609 662725
June 2031 630600 581413 679787
July 2031 629610 574205 685016
August 2031 630271 592455 668087
September 2031 635833 576064 695601
October 2031 641443 609371 673515
November 2031 647103 611513 682694
December 2031 652813 592755 712872
Elk Housing Market Forecast with Real Estate Prices for 2032
January 2032 658574 597326 719821
February 2032 664385 629837 698933
March 2032 665037 621810 708265
April 2032 660926 601443 720410
May 2032 656840 604293 709388
June 2032 652780 603821 701738
July 2032 648745 587763 709727
August 2032 644734 596379 693089
September 2032 640748 579877 701619
October 2032 636787 602401 671174
November 2032 634525 580591 688460
December 2032 635561 591707 679414
Elk Housing Market Forecast with Real Estate Prices for 2033
January 2033 637654 577077 698232
February 2033 639360 587572 691148
March 2033 640242 599266 681217
April 2033 642057 593902 690211
May 2033 644232 588828 699636
June 2033 644738 595093 694383
July 2033 643538 579827 707248

> 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.