51Alpha

Elk City, OK metro area Housing Market Brief

metro · as of May 2026

Balanced

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%
-26.830
Inventory Health25%
-4.962
Affordability20%
58
Economic Strength20%
No data
50
Rental Yield15%
50

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

EmergingGrowingMaturePeakingDecliningRecovering

Elk City, OK metro area is classified as Growingstrengthening, with scores rising 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$225K-7.1%
Median Days on Market51 days-8.9%
Months of Supply4.9-41%
Homes for Sale102-12.1%
Homes Sold21▲ +50%
Median Price / Sq Ft$123-10.4%
Sale-to-List Ratio94.2%-0.8%

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

Now: 51
4-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 May 2026, Elk City, OK metro area is classified as a Balanced Market, based on its Alpha Score of 51 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 $225K, having fallen 7.1% over the past year.

How affordable is Elk City, OK metro area?

Elk City, OK metro area scores 58 out of 100 on affordability — moderately 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 Inventory Health (62/100) and its weakest is Price Momentum (30/100). 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.