Markets/Oklahoma/Elk City

Elk City, OK Real Estate Market 2026

Investor-grade market analytics for Elk City, Oklahoma. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$155,653

+5.5% year-over-year

12-Month Forecast

+5.4%

base case (Zillow ZHVF)

+5.4% year-over-year

Climate Risk

25/100

Low

Market Momentum

❄️
Cooling
4.9mo supply · Score -2/7

Net migration: Bottom 32% nationally

Income Migration

➡️ Neutral1.00x

In-migrants avg $53,079 AGI vs out-migrants $52,977

Elk City Market Summary

Elk City, OK is experiencing strong growth with 5.5% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.97x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability.

Affordability

Affordability Score100/100
Price-to-Income Ratio3.0x (national avg 4.8x)
Median Household Income$52,323

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+2.7%
Base Case+5.4%
Bull Case+8.1%

Climate & Natural Hazard Risk

Elk City, OK's primary climate exposure is wildfire (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Elk City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.