States · WV · metro

Elkins, West Virginia.

Is it a buyer's or a seller's market? Six dials, updated monthly — speed, supply and seller behaviour, not just prices.

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

Zillow's own model expects Elkins home values to change +2.2% over the year to Sep 2027. A forecast, not a promise — it is revised every month, and Zillow publishes it with that caveat.

What it costs per month · Elkins $850/mo

to buy the typical home at today's mortgage rate — +$438 (+106%) since Jan 2020.

What the home itself did
1 year
Up $1,841 +1%
$160,031$161,871 since Sep 2025
5 years
Up $30,174 +23%
$131,697$161,871 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 $850 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Elkins$850
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 17 years.

Typical home values in Elkins, WV rose 1.2% over the past year — in step with the nation.

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

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.

10% 15% 20% 25% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Elkins 22.47% United States 26.90%
10% 15% 20% 25% 2018 2022 2026
  • Elkins22.47%
  • United States26.90%

Homes for sale

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

50 100 150 200 2018 2019 2020 2021 2022 2023 2024 2025 2026 Elkins 95
50 100 150 200 2018 2022 2026
  • Elkins95

New listings per month

Sellers arriving at the market.

10 20 30 40 2018 2019 2020 2021 2022 2023 2024 2025 2026 Elkins 20
10 20 30 40 2018 2022 2026
  • Elkins20