Local Market0 views · 1 answer

How competitive is the Elko housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
85/100
YoY Excellent Chance of Selling
Pending ratio
0.88
YoY contracts vs active
Inventory YoY
-0.5%
YoY active listings
Median DOM
48
YoY days on market
Price cuts
22.7%
YoY of active listings
Elko is competitive as of May 2026, with a Sold Score of 85/100 (Excellent Chance of Selling). **Pending ratio** is 0.88 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -47.6% — fewer choices for buyers than a year ago. **Median days on market** is 48. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 22.7% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 85/100 (Excellent Chance of Selling) · Pending ratio: 0.88 · Inventory YoY: -47.6% · Median days on market: 48 · Sellers cutting price: 22.7% · Median listing price: $487,450 (+6.4% YoY)

Elko snapshot

As of the latest 2026 data
Median listing
$487K
YoY +0.1%
Active inventory
91
YoY -0.5%
Median DOM
39
YoY -0.5%
Pending ratio
0.84
YoY +0.3%
Price-reduced
11.0%
YoY -0.1%

Related questions