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Elgin Housing Market Report June 2025•Comanche County, Oklahoma

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Housing Prices in Elgin, OK

How much do homes in Elgin, OK cost?

Housing Market Conditions

Is Elgin, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Elgin is a Seller's Market

Difference Since May 2025

Last month, Elgin has remained a Seller's Market.

Insight

Elgin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$231,000$148/SqFt
-$99,000
-30.0%

Based on all homes sold in June 2025

Insight

Homes in Elgin have sold for 30% less than they did a month ago.

Summary: The median home sold price in Elgin was $231,000 in June 2025, down 30% from last month, and the median price per square foot was $148.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Northeast Comanche
+20.9%
Elgin
-30.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2--
N/A
3-$231K
N/A
4$330K-
N/A
5--
N/A

Summary: Elgin housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Elgin, OK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Elgin, OK

Housing supply in Elgin, OK

How many homes are available in Elgin, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthJun 2025
32 months agoMay 2025
-33.3 %
Change MoMMay – Jun

Summary: The Elgin real estate market had 2 homes for sale in Jun 2025, a 33.3 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthJun 2025
12 months agoMay 2025
0.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
210
-100.0%
311
0.0%
410
-100.0%
501
+100.0%

Summary: Elgin housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Elgin, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Elgin, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Elgin in June 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Elgin, OK

How long does it take to sell a home in Elgin, OK?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Elgin has remained consistent over time.

Summary: During June 2025, 1 homes were sold in Elgin; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
86 DaysLast MonthJun 2025
6 Days1 month agoMay 2025
+1333.3 %
Change MoMMay – Jun

Summary: Homes in Elgin had an average listing age of 86 days in Jun 2025, up by 1333.3% compared to the previous month.

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Newest Listings in Elgin, OK

What homes are available in Elgin, OK?

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Nearby markets

Nearby markets aren't available for Elgin, OK

Popular Cities with Homes for Sale in Oklahoma

MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, for the period 05/01/2025 - 07/01/2025

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 12:59:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.