New - 2 days on Rocket
$3,028 Closing Credit¹
#1298224, Listing Office: Better Homes and Gardens Real Estate Journey
Elkins Housing Market Report January 2025•Washington County, Arkansas
Housing Prices in Elkins, AR
How much do homes in Elkins, AR cost?
Housing Market Conditions
Is Elkins, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elkins is a Seller's Market
Difference Since January 2024
Since last year, Elkins has remained a Seller's Market.
Insight
Elkins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$269,450$182/SqFt
+$9,450
+3.6%
Based on all homes sold in the last 12 months
Insight
Homes in Elkins have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Elkins was $269,450 in January 2025, up 3.6% from last year, and the median price per square foot was $182.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Elkins Township | $260K | $269.4K | +3.6% |
| Elkins | $260K | $269.4K | +3.6% |
| Fayetteville Township | $371.8K | $380.3K | +2.3% |
| Fayetteville | $371.8K | $379.9K | +2.2% |
| Richland Township | $477.5K | $453.7K | -5.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $194.5K | $230K | +18.3% |
| 33 Bedrooms | $256K | $255K | -0.4% |
| 44 Bedrooms | $295K | $294.5K | -0.2% |
| 55+ Bedrooms | - | $342K | N/A |
Summary: Elkins housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +18.3%. The home price for 3 bedroom homes decreased by -0.4%. The home price for 4 bedroom homes decreased by -0.2%. The home price for 5 bedroom homes did not change.
Housing supply in Elkins, AR
How many homes are available in Elkins, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 32Last MonthJan 2025 | ||
| 302 months agoDec 2024 | +6.7 % Change MoMDec – Jan |
Summary: The Elkins real estate market had 32 homes for sale in Jan 2025, a 6.7 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthJan 2025 | ||
| 62 months agoDec 2024 | +16.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 15 | 16 | +6.7% |
| 44 Bedrooms | 7 | 8 | +14.3% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Elkins housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.7%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Elkins, AR cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Elkins, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Elkins in January 2025, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and and 14% were sold over asking.
Days on Market for Elkins, AR
How long does it take to sell a home in Elkins, AR?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days4 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in Elkins has remained consistent over time.
Summary: During January 2025, 7 homes were sold in Elkins; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 85 DaysThis YearJan 2025 | ||
| 200 Days1 year agoJan 2024 | -57.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Elkins had an average listing age of 85 days in Jan 2025, down by 57.1% compared to the previous year.
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Newest Listings in Elkins, AR
What homes are available in Elkins, AR?
New - 2 days on Rocket
$6,531 Closing Credit¹
#1298219, Listing Office: Discover Real Estate
New - 3 days on Rocket
#1298093, Listing Office: Midwest Land Group, LLC
New - 4 days on Rocket
$3,551 Closing Credit¹
#1297980, Listing Office: Rowe Real Estate
$2,375 Closing Credit¹
#1297217, Listing Office: Legend Realty Inc
Video tour
$8,301 Closing Credit¹
#1296931, Listing Office: 1 Percent Lists Arkansas Real Estate
$5,320 Closing Credit¹
#1296461, Listing Office: Local Living Real Estate
$10,000 Closing Credit¹
#1296176, Listing Office: Lindsey & Assoc Inc Branch
$3,146 Closing Credit¹
#1296403, Listing Office: eXp Realty NWA Branch
$3,561 Closing Credit¹
#1295961, Listing Office: Coldwell Banker Harris McHaney & Faucette -Fayette
$3,076 Closing Credit¹
#1294700, Listing Office: Joseph Walter Realty
$2,613 Closing Credit¹
#1292703, Listing Office: Crye-Leike REALTORS Fayetteville
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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, for the period 02/01/2023 - 02/01/2025
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.