Elkins (Washington County) Year-to-Date Market Update

Washington County · Elkins, Jan 2026 to Sep 2026

Washington County Tilts Toward a Buyer's Market

Rising active inventory and slower average marketing times are giving buyers more room to negotiate across Washington County and Elkins.

Updated September 9, 2026

116 New Listings +9.4% YoY
60 Active Inventory +25.0% YoY
71 Sold / Closed -11.3% YoY
$275,000 Median List Price 0.0% YoY
$272,500 Median Sale Price +3.2% YoY
$22.45M Total Sales Volume -4.1% YoY
$189.08 Median $ / Sq Ft +3.6% YoY
98.7% Sale-to-List Ratio -0.1% YoY
50 Average DOM -36.3% YoY
6.7 Months of Supply +39.6% YoY

Compared against the same period one year earlier.

Median Sale Price · Last 12 Months

Price Distribution

Price Trends

The median sale price in the market reached $272,500, up 1.7% from the prior period's $268,000, while the median list price held nearly flat at $275,000. Price per square foot rose to $189.08, a 3.6% increase, and homes are selling at 100% of list price on average. Together these figures point to a market where pricing has stayed firm even as other conditions have shifted.

Inventory & Supply

Active listings climbed to 60, up 140% from 25 in the prior period, while new listings reached 116, a 36.5% increase. Months of supply now stand at 6.7, sharply higher than the 2.5 months recorded previously, and the market is currently classified as a Buyer's Market. This buildup of available inventory gives buyers a wider pool of choices relative to recent history.

Pace of Sales

The average days on market is 50.03, down 20.2% from 62.67 in the prior period, suggesting recent sales have moved somewhat faster on average even as overall supply has grown; the median days on market of 31 offers additional context on typical timing. Sold volume for the period totaled 71 transactions, down 10.1% from 79, and the sell-through rate was 61.2%. Absorption rate stood at 14.82%, with a pending-to-active ratio of 23.3%.

Property Type & Price Range Highlights

Single-family houses made up the vast majority of activity, with 70 of 71 sales and a median sale price of $273,250, while manufactured homes accounted for just one sale. Among price bands, the $200K–$300K range saw the most sales activity at 49 transactions, while the $300K–$400K range showed the tightest supply at 0.9 months. Homes priced at $700K and above took considerably longer to sell, averaging 161.5 days on market.

See all the stats

Information deemed reliable but not guaranteed. Market statistics are derived from MLS data for the period shown and may not reflect all activity. Not intended to solicit properties currently listed with another broker.

This report was written by AI from calculated market statistics and reviewed by our team before publishing. It is not personalized advice.

James Morgan
James Morgan Realtor (346) 857-6642 james@dltproperties.com
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