Is Elk Horn, IA 51531 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Elk Horn is a seller’s market. With about 1.6 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list94.7%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$107

Nearby markets

Defiance 51527Seller’s market $86 /sq ftEarling 51530 $64 /sq ftHarlan 51537Seller’s market $108 /sq ftIrwin 51446 $151 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology