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Elk Garden, WV—26717

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$124,000
5.9% YoY Growth
Household Income
$65,800
113.3% YoY Growth
Days on Market
142
792.0% Longer YoY
Home Price Forecast
0.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Elk Garden, WV

As of Dec '25, the median home price in Elk Garden, WV is $124,000, with a year-over-year change of -5.9%. This indicates that home prices in Elk Garden, WV are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$124,000-5.9%
Single Family $124,000-6.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$149,000-3.9%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.2%
    2 Bedrooms
    30.6%
    3 Bedrooms
    48.4%
    4 Bedrooms
    16.9%
    5+ Bedrooms
    2.9%

    Rental Trends — Elk Garden, WV

    Elk Garden, WV lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    7.7%
    3 Bedrooms
    92.3%

    Property Listings — Elk Garden, WV

    As of Dec '25, Realtor.com reports that the median days on market for a home in Elk Garden, WV is 205. This is a increase of 1000.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$750,000184.0%
    Listing Count
    		233.0%
    Listings as % of HomesN/A33.0%
    Days on Market
    		142792.0%
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    Demographics — Elk Garden, WV

    As of the latest ACS Survey released in 2023, Elk Garden, WV has a population of 1,420, which has increased by 39.7% over the past 5 years. Elk Garden, WV is a popular place for families, as children make up 37.9% of the population. The area has a poorly educated workforce, with 9.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,42039.7%
    % Under 18
    		37.9%18.1%
    % Seniors
    		16.0%-10.6%
    % WFH
    		9.8%4,800.0%
    % w/ College Degree
    		9.3%10.7%
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    Elk Garden, WV lacks sufficient race and ethnicity data for analysis.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		99.4%-0.6%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%N/A
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%N/A
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    Mortgage and Risk — Elk Garden, WV

    According to HUD data as of 2023, there were 18 mortgage originations in Elk Garden, WV, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Elk Garden, WV. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		18
    % Conventional Loans
    		61.0%
    % Government Loans
    		39.0%
    % Investor Loans
    		6.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Elk Garden, WV

    Elk Garden, WV lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$740
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,230
    4 BedroomN/AN/A$1,380

    Affordability — Elk Garden, WV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$124,000
    Median Household Income$65,800

    Elk Garden, WV — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Maysville, WV

    26743

    Piedmont, WV

    26750

    Westernport, MD

    21562

    Burlington, WV

    26710

    Barton, MD

    21521

    Frequently Asked Questions