Is Elkhorn, WI 53121 a buyer’s or seller’s market?

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

Elkhorn is a seller’s market. With about 2.3 months of supply and 39% 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 supply2.3Under 4 months = seller’s market
Sold above original list38.9%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$222▲ +6.2% vs. last year

Nearby markets

Darien 53114Balanced $159 /sq ftDelavan 53115Seller’s market $234 /sq ftEast Troy 53120Seller’s market $260 /sq ftFontana 53125Seller’s market $434 /sq ft Browse all markets →

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