First Presbyterian Church · Photo: kennethaw88 · CC BY 4.024 homes sold in Elkland Township in the last year, at a typical $183K
Redfin reports Elkland Township’s sales by ZIP code, so these figures are for ZIP 48726, which takes in Elkland Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elkland Township homes are listed.
Every place Elkland Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elkland Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Elkland Township’s sales, at a typical — (year to May 2026)
24 homes sold in the year to September 2026.
More homes sell than most years, at 2.6 times the 2016 price
24 sales in the last year, against 36 in 2022 and a low of 4 in 2016. The typical sale went from $69K in 2016 to $183K.
Source: Redfin Data Center, MLS sales; for ZIP 48726, which takes in Elkland Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Elkland Township are more common than before the pandemic, with about as many homes for sale
We read every month of home sales in ZIP 48726 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 24 sales.
If you’re buying in Elkland Township
- Shop in May. It brings about 2 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Offer under asking. Buyers paid 96.8% of the list price on average; 30% paid over.
- You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 40 days.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 3 a month), but September is the most competitive: 27% of September sales close over asking. May and June offer nearly as much choice with fewer homes bid up (15%). January has the least competition (7%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and about like Michigan as a whole
| Elkland Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 30% | 16% | 16% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 16% | 10% | 13% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 96.8% | 93.4% | 94.9% | 98.1% |
| Days to sellMedian days from listing to contract | 40 | 91 | 285 | 36 |
6 homes for sale on a typical day
That’s twice the 2020 low (3), about the 2017–19 level and well under 2012’s 8.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48726, which takes in Elkland Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elkland Township home costs about $1,177 a month
Price: Elkland Township’s typical sale, last 12 months. Property tax at Elkland Township’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elkland Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $183K home, about $2,670 a year.
Taxes vs. neighborsSchools
The schools grade for Elkland Township, from test results, graduation and how much students grow.
Schools in Elkland TownshipTypical commute
The average one-way trip to work for people who live in Elkland Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Elkland Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elkland Township. People who follow the town see it, and so do people comparing Elkland Township with their own town. No commission, no listing fee.
Questions about buying a home in Elkland Township
What do homes sell for in Elkland Township, MI?
24 homes sold in the year to September 2026 at a typical $183K, $114 a square foot.
Is Elkland Township a buyer’s or seller’s market?
A balanced market: 10 homes were for sale in September 2026 and 2 sold, about 4.3 months of supply. Buyers paid 96.8% of asking on average.
When is the best time to buy in Elkland Township?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elkland Township?
About 1.5% of a home’s value a year. On a $183K home that’s near $2,670.
Where can I see homes for sale in Elkland Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Elkland Township’s MLS listings; the search links above open each one filtered to Elkland Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48726, which takes in Elkland Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).