Hedlund Motor Company Building · Photo: Crimsonedge34 · CC BY-SA 3.0148 homes sold in Elk City in the last year, at a typical $177K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elk City homes are listed.
Every place Elk City 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 Elk City.
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 99% of Elk City’s sales, at a typical $195K (year to May 2026)
148 homes sold in the year to September 2026.
typical sale · 154 sold in the year to May 2026
- Per square foot
- $113OK $151
- Days to sell
- 78
- Sold over asking
- 11%
- Listings with a price cut
- 27%
Townhouses: 2 sold, typical $190K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.3 times the 2016 price
148 sales in the last year, against 232 in 2022 and a low of 105 in 2015. The typical sale went from $140K in 2016 to $177K.
Source: Redfin Data Center, MLS sales; from June 2026 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.
What $200K buys in Elk City
Check a listing against what Elk City homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elk City are rarer than before the pandemic, but 60% fewer homes come up for sale
We read every month of Elk City’s home sales 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, 148 sales.
If you’re buying in Elk City
- Shop in March. It brings about 21 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- Offer under asking. Buyers paid 94.2% of the list price on average; 9% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 89 days.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 22 a month), but June is the most competitive: 15% of June sales close over asking. December has the least competition (5%) but only about 12 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Oklahoma
| Elk City now | 2017–19 | 2021 peak | OK now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 14% | 9% | 18% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 1% | 18% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 94.2% | 95% | 96.2% | 97.3% |
| Days to sellMedian days from listing to contract | 89 | 149 | 81 | 52 |
55 homes for sale on a typical day
That’s 1.4 times the 2012 low (40), 60% fewer than in 2017–19 and well under 2018’s 152.
Elk City ranks 66th of 69 busy Oklahoma markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Elk City is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elk City home costs about $1,057 a month
Price: Elk City’s typical sale, last 12 months. Property tax at Elk City’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elk City is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 12.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $177K home, about $1,600 a year.
Taxes vs. neighborsSchools
The schools grade for Elk City, from test results, graduation and how much students grow.
Schools in Elk CityTypical commute
The average one-way trip to work for people who live in Elk City.
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 Elk City, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elk City. People who follow the town see it, and so do people comparing Elk City with their own town. No commission, no listing fee.
Questions about buying a home in Elk City
What do homes sell for in Elk City, OK?
148 homes sold in the year to September 2026 at a typical $177K, $110 a square foot.
Is Elk City a buyer’s or seller’s market?
A seller’s market: 47 homes were for sale in September 2026 and 13 sold, about 3.6 months of supply. Buyers paid 94.2% of asking on average.
When is the best time to buy in Elk City?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elk City?
About 0.9% of a home’s value a year. On a $177K home that’s near $1,600.
Where can I see homes for sale in Elk City?
Zillow, Redfin, Realtor.com and Homes.com all carry Elk City’s MLS listings; the search links above open each one filtered to Elk City.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).