49Alpha

Elkins, WV metro area Housing Market Brief

metro · WV · as of August 2026

Balanced

What is Elkins, WV metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
50
Inventory Health25%
-21.044
Affordability20%
-17.859
Economic Strength20%
32
Rental Yield15%
-21.264

Where is Elkins, WV metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Elkins, WV metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Elkins, WV metro area housing market data

MetricValueYoY
Median Sale Price$215K▲ +13.7%
Median Days on Market59 days-25.3%
Months of Supply8.1▲ +80%
Homes for Sale98▲ +18.1%
Homes Sold13-31.6%
Median Price / Sq Ft$152▲ +35.9%

How has Elkins, WV metro area’s Alpha Score moved?

Now: 49
12-period trend
Median sale price · 12 mo

Markets like Elkins, WV metro area

Frequently asked questions

Is Elkins, WV metro area a buyer's or seller's market?

As of August 2026, Elkins, WV metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Elkins, WV metro area?

The median sale price in Elkins, WV metro area is $215K, having risen 13.7% over the past year.

How affordable is Elkins, WV metro area?

Elkins, WV metro area scores 59 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Elkins, WV metro area's Alpha Score?

Elkins, WV metro area's strongest dimension is Rental Yield (64/100) and its weakest is Economic Strength (32/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Elkins, WV metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.