Current Price

$159,947

1 Month Forecast

â–² $173,482

1-Year Forecast *

â–² $181,775

5-Year Forecast *

â–² $207,316

"Is it a good time to buy homes in Elkins?" "Does investing in real estate in Elkins (West Virginia State, Randolph County) worth it?" According to our live Forecast System, buying a house in Elkins is a good short-term (1-year) investment*. The Elkins 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" 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 in West Virginia State, Randolph County. If you are looking for homes for sale with good flipping profit, Elkins can be a profitable property investment option. The median price of an average house in Elkins was 159,947 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" area is 207,316 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.62% meaning that investing 100000 USD today may yield a profit of 29,615 USD by 2031.

Current Median Listing Price: 159,947 USD Median Listing Price Per Square Foot: 89 USD

Elkins 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 (West Virginia 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 Price Target

Elkins median home price target in 12 months: $181,775* (upside of 13.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $175,357 $172,077 $171,942 $175,760
2024 $148,190 $159,947 $148,190 $159,947
2023 $139,858 $147,296 $139,022 $147,296
2022 $134,812 $140,874 $134,812 $142,843
2021 $125,923 $132,751 $125,923 $132,751
2020 $113,357 $124,208 $113,357 $124,208
2019 $125,005 $113,619 $113,619 $125,005
2018 $119,746 $125,780 $119,746 $125,780
2017 $111,633 $119,819 $111,633 $120,829
2016 $0 $111,790 $0 $113,727
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 Housing Market Forecast

How much does an average home cost in Elkins today?

The value of an average home (the listing price) in Elkins is $159,947 USD.

What is the average price per square foot in Elkins?

According to Walletinvestor the median price per square foot in Elkins is 89 USD.

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

Yes. The Elkins home prices may rise from 159,947 USD to 181,775 USD in one year.

Is it profitable to invest in Elkins homes?

Yes. The long-term profit potential is +13.65% in one year.

Will Elkins house prices fall / drop?

No. See above.

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

The predicted home sales price of a Elkins home in 2030 in Elkins is 205,810 USD.

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

The predicted home sales price of a Elkins home in 2035 in Elkins is 242,278 USD.

Will real estate prices decrease in Elkins?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elkins is the 4572. largest city in the United States, located in West Virginia State.

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

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

Median home values decreased by 8.602% to 159,947 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 12.707% in 2021
  • 13.877% in 2022
  • 12.367% in 2023
  • 14.337% in 2024
  • 15.417% in 2025
  • 15.577% in 2026

Based on our Elkins real estate market research and report the predicted sales prices will increase by 259.395% in the next 10 years.

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

Elkins (West Virginia) 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 Housing Market Forecast with Real Estate Prices for 2025
August 2025 173482 163767 183197
September 2025 174035 163418 184651
October 2025 174693 165609 183777
November 2025 174462 165565 183360
December 2025 174202 156782 191623
Elkins Housing Market Forecast with Real Estate Prices for 2026
January 2026 173584 162301 184867
February 2026 174492 157915 191069
March 2026 175925 162730 189119
April 2026 177369 163180 191559
May 2026 178826 165772 191880
June 2026 180294 167674 192915
July 2026 181775 167778 195772
August 2026 183268 167690 198845
September 2026 184688 175453 193922
October 2026 186204 167770 204638
November 2026 186950 177042 196858
December 2026 187036 175253 198820
Elkins Housing Market Forecast with Real Estate Prices for 2027
January 2027 186399 170369 202430
February 2027 186126 169747 202506
March 2027 185547 175156 195937
April 2027 184459 169149 199769
May 2027 183368 169799 196937
June 2027 182283 168430 196137
July 2027 182515 166636 198394
August 2027 183350 171982 194718
September 2027 184856 171546 198165
October 2027 186374 170905 201843
November 2027 187904 175127 200682
December 2027 189302 173212 205393
Elkins Housing Market Forecast with Real Estate Prices for 2028
January 2028 189933 179486 200379
February 2028 190288 171259 209317
March 2028 190701 172775 208627
April 2028 191519 181943 201095
May 2028 192681 181313 204049
June 2028 194143 182883 205404
July 2028 195737 182623 208852
August 2028 197345 184123 210567
September 2028 198965 182252 215678
October 2028 200599 190168 211030
November 2028 201495 187592 215399
December 2028 201813 189906 213720
Elkins Housing Market Forecast with Real Estate Prices for 2029
January 2029 201762 185419 218105
February 2029 202020 186465 217576
March 2029 202883 191928 213839
April 2029 204549 185322 223777
May 2029 206229 193030 219428
June 2029 206702 193267 220138
July 2029 205810 194902 216717
August 2029 204592 189657 219528
September 2029 203383 188739 218026
October 2029 202622 185805 219440
November 2029 202782 184735 220830
December 2029 204437 186856 222019
Elkins Housing Market Forecast with Real Estate Prices for 2030
January 2030 205089 190527 219650
February 2030 205864 195159 216569
March 2030 205593 194285 216900
April 2030 205286 190711 219862
May 2030 204558 192080 217036
June 2030 205628 187327 223928
July 2030 207316 189280 225353
August 2030 209019 194596 223441
September 2030 210735 191347 230123
October 2030 212465 193768 231162
November 2030 214210 201572 226848
December 2030 215969 201067 230871
Elkins Housing Market Forecast with Real Estate Prices for 2031
January 2031 217642 201972 233313
February 2031 219430 202972 235887
March 2031 220309 199159 241458
April 2031 220410 206525 234296
May 2031 219660 199671 239649
June 2031 219338 200036 238640
July 2031 218655 197883 239427
August 2031 217373 202591 232154
September 2031 216087 199881 232294
October 2031 214809 198269 231350
November 2031 215082 199811 230353
December 2031 216066 200942 231191
Elkins Housing Market Forecast with Real Estate Prices for 2032
January 2032 217841 199760 235921
February 2032 219630 206232 233027
March 2032 221433 204383 238483
April 2032 223081 209919 236242
May 2032 223823 202560 245087
June 2032 224242 202490 245993
July 2032 224729 208548 240909

> 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.