Elkins, AR Home Values & Market Trends
Real estate market trends reflect that there have been 78 transactions over the past year in Elkins. The median value for residential home transactions that occurred over the previous year is $245,659.17. The number of current listings in Elkins is 5, and the percentage of properties for sale in the city is 5.00%. Elkins, AR currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 5 properties for sale.
Elkins, AR Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 72727 | $ 264,193 $ 182/sqft |
Housing Market Summary for Elkins, AR
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $245K | $264.7K | 8.04% |
| Median Sold Price | $231K | $264.7K | 14.59% |
| Homes For Sale | 7 | 5 | -28.57% |
| Homes Sold | 33 | 42 | 27.27% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elkins, AR
Browse Homes in Elkins, AR
Elkins home values range from $19,342 to $987,167. The median estimated value of a home in Elkins is $245,659.17. The median list price of a home is 265,000, and the total count of properties in the city is 1,888.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elkins, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elkins, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elkins, AR ranges from the highest value of $244,454 in 72727 to the lowest value of $244,454 in 72727. Bank owned homes and properties account for 0.05% of properties in Elkins, AR. There is 1 zips within Elkins, AR; 72727 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions72727 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Elkins, AR. Auction homes and other auction properties account for 0.05% of all properties in Elkins, AR. There is 1 zips within Elkins, AR; of that zips, the median estimated home value for homes going to auction ranges from $281,996 in 72727 to the lowest value of $281,996 in 72727.
Compare Nearby Cities
More Real Estate Resources for Elkins, AR
Guide for Elkins, AR
The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.
When house prices increase near good school, what options do home buyer have?
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.