62Alpha

Elk City, OK metro area Housing Market Brief

metro · OK · as of August 2026

Seller's

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.

Price Momentum20%
+25.556
Inventory Health25%
+3.866
Affordability20%
+20.973
Economic Strength20%
29
Rental Yield15%
+19.889

Where is Elk City, OK metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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.

Elk City, OK metro area housing market data

MetricValueYoY
Median Sale Price$195K▲ +17.4%
Median Days on Market83 days-2.3%
Months of Supply6.7▲ +34%
Homes for Sale108-20.6%
Homes Sold17-39.3%
Median Price / Sq Ft$110-0.8%

How has Elk City, OK metro area’s Alpha Score moved?

Now: 62
12-period trend
Median sale price · 12 mo

Markets like Elk City, OK metro area

Frequently asked questions

Is Elk City, OK metro area a buyer's or seller's market?

As of August 2026, Elk City, OK metro area is classified as a Seller's Market, based on its Alpha Score of 62 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Elk City, OK metro area?

The median sale price in Elk City, OK metro area is $195K, having risen 17.4% over the past year.

How affordable is Elk City, OK metro area?

Elk City, OK metro area scores 73 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 (89/100) and its weakest is Economic Strength (29/100). The Alpha Score is a weighted blend of all five dimensions.

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.