Elk City, OK
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Elk City market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Elk City, OK.
The Elk City, OK, market is currently categorized as Cooling. This classification reflects a pending ratio of 0.33, indicating that demand absorption is moderate relative to available inventory. Active listings have contracted by 26.9% year-over-year, despite a substantial increase in new listings.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
What's moving the Elk City market right now.
Active listings have decreased significantly by 26.9% over the past year, reaching 97 units. This contraction in available properties is notable, especially as new listings have seen a robust 60.0% increase year-over-year. Despite the rise in new inventory, the median listing price has declined by 14.3% year-over-year, although it remains stable month-over-month. Pending listings show a 13.5% year-over-year improvement in the pending ratio, but the overall absorption rate remains in the Cooling range.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
In this market, the pace of transactions suggests that inventory pressure is moderate, allowing for more considered purchase decisions. While the median days on market has decreased by 17.2% year-over-year, the pending ratio of 0.33 indicates that buyers generally have greater latitude in negotiations. Price discipline is becoming more important for sellers, as evidenced by the year-over-year decline in median listing prices.
The average listing price in Elk City, OK, is $213,409, which is 26.3% higher than the median listing price of $169,000. This notable spread suggests potential softness at the higher end of the market, reinforced by a 7.0% year-over-year decline in average listing prices, contrasting with a stable median price.
97 active listings represent the current floor, with new supply arriving at roughly 32 per month.
of active listings carry a price reduction, -6.3% from prior period.
Median price per square foot has moved +1.4% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Elk City, OK? Homes here are taking 16 days less to sell than last year.
Buyers have leverage in Elk City, OK. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 33%
- Median Days on Market
- 77 days
- Inventory YoY
- −27%
In a buyer's market, strategy beats timing. See how your home scores in Elk City, OK and what moves the number.
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Metro Demographics
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