States · Arkansas · Madison County

Elkins, Arkansas.

Typical home $285,323 (+2.7% in a year), asking rent $1,600 . Fayetteville-Springdale-Rogers, AR metro.

What it costs per month · Elkins $1,498/mo

to buy the typical home at today's mortgage rate — +$907 (+154%) since Jan 2020.

What the home itself did
1 year
Up $7,612 +3%
$277,710$285,323 since Sep 2025
5 years
Up $77,662 +37%
$207,661$285,323 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Elkins $1,498 Arkansas $1,177 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Elkins$1,498
  • Arkansas$1,177
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 11 years.

Typical home values in Elkins, AR rose 2.7% over the past year — faster than the nation's +1.2%.

Living in Elkins, Madison County, Arkansas

Elkins is a city of 3,602 people in Madison County. Half its households earn more than $81,789 a year and half less, against $56,798 across Madison County; 6% of its people live below the poverty line. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Madison County was 2.8% in August 2026, and the county had 1.7% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.

People 3,602 in the 2020 census; median age 33.8
Household income $81,789 the median, give or take $16,229 · Madison County: $56,798
Unemployment 2.8% Madison County, August 2026; 3.5% a year before
Homes 85% lived in by their owners; 15% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Elkins is a small city in Madison County, Arkansas, made up mostly of homes lived in by their owners, with fewer renters than is typical. Residents are younger on average than in many small towns, and household incomes run well above the county's. Few residents hold a four-year degree, and fewer live below the poverty line than you might expect.

Work. Residents work mainly in schools, hospitals and social care, in manufacturing, in shops, and in the building trades. Among the largest workplaces in Elkins are Midland Industrial Services, an electrical wiring contractor, the Elkins School District, and Harps Food Store. Madison County has fewer jobs than it did a year earlier, though unemployment there has stayed low, and the typical commute is a moderate one.

Things to do. Winters are cold but short on snow, summers are hot, and the year brings steady rain. A short drive away are the Botanical Garden of the Ozarks, the Arkansas Air & Military Museum and Drakes Creek, a river good for an easy afternoon outdoors. A longer drive brings you to Crystal Bridges Museum of American Art, one of the better-known art museums in the region.

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  • 1,295households
  • 20%of adults have a degree
  • 6%below the poverty line
  • 26 mintypical commute
  • 11%work from home

What residents work in

  • Schools, hospitals and social care20%
  • Manufacturing18%
  • Shops (retail)16%
  • Building trades9%
  • Restaurants, hotels and entertainment8%
  • Professional and business services7%

Employed residents by industry, from the Census survey. Madison County had 3,619 jobs in 2025, 1.7% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 48° and 25°; warmest in July, 89° and 66° 20° 40° 60° 80° J 48° 25° F M A M J J 89° 66° A S O N D
Average daily high and low for each month: coldest in January, 48° and 25°; warmest in July, 89° and 66° 20° 40° 60° 80° J 48° 25° F M A M J J 89° 66° A S O N D

Coldest in January, with highs near 48° and lows near 25°; warmest in July, with highs near 89° and lows near 66°. About 6 inches of snow and 47 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Fayetteville Drake Field weather station, 8 miles away (NOAA).

Largest workplaces in Elkins

  1. Midland Industrial ServicesElectrical wiring contractors260
  2. Elkins School DistrictSchool district203FTE
  3. Harps Food StoreRetail grocery130

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 390 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Heat wavesVery high
  2. Ice stormsRelatively high
  3. Winter weatherRelatively high
  4. WildfireRelatively moderate
  5. HailRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Elkins’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Madison County and the Fayetteville-Springdale-Rogers, AR metro.

Elkins home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Elkins $285,323 Arkansas $224,158 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Elkins$285,323
  • Arkansas$224,158
  • United States$366,157

Sellers are cutting prices on about 1 in 4 Elkins listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

20.0% 22.5% 25.0% 2026 Elkins 25.43% United States 26.90%
20.0% 22.5% 25.0% 2026
  • Elkins25.43%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

20 30 40 2018 2019 2020 2021 2022 2023 2024 2025 2026 Elkins 46
20 30 40 2018 2022 2026
  • Elkins46

New listings per month

Sellers arriving at the market.

5 8 10 12 2026 Elkins 12
5 8 10 12 2026
  • Elkins12

Zip codes with a Elkins address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Elkins — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Elkins