Elk City, OK metro area Housing Market Brief
metro · OK · score computed October 2026
What is Elk City, OK 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.
Population band 1 of 5 (population 12,616–37,875) · comparable within its band
Where is Elk City, OK metro area in its market cycle?
Elk City, OK 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.
What’s the forecast for Elk City, OK metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Elk City, OK metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $185K | ▼ -4.9% | Redfin |
| Median Days on Market | 86 days | ▼ -38.1% | Redfin |
| Months of Supply | 3.7 | ▼ -70.9% | Redfin |
| Homes for Sale | 92 | ▼ -27.6% | Redfin |
| Homes Sold | 25 | ▲ +150% | Redfin |
| Median Price / Sq Ft | $103 | ▲ +2.7% | Redfin |
How has Elk City, OK metro area’s Alpha Score moved?
Markets like Elk City, OK metro area
- McComb, MS metro area, MSmetro46
- Ozark, AL metro area, ALmetro47
- Selma, AL metro area, ALmetro45
- Vicksburg, MS metro area, MSmetro46
- Zapata, TX metro area, TXmetro72
- Bucyrus, OH metro area, OHmetro49
- Carbondale, IL metro area, ILmetro45
- Miami, OK metro area, OKmetro51
- Alice, TX metro area, TXmetro49
- Natchez, MS metro area, MSmetro46
Frequently asked questions
Is Elk City, OK metro area a buyer's or seller's market?
In the scores computed October 2026, Elk City, OK metro area is classified as a Balanced Market, based on its Alpha Score of 44 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Elk City, OK metro area?
The median sale price in Elk City, OK metro area is $185K, having fallen 4.9% over the past year, according to Redfin.
How affordable is Elk City, OK metro area?
Elk City, OK metro area scores 77 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Elk City, OK metro area's Alpha Score?
Elk City, OK metro area's strongest dimension is Rental Yield (91/100) and its weakest is Inventory Health (0/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Elk City, OK metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.