Elgin, OK housing market
The typical Elgin home is worth about $306,000, up 5.7% in a year, 37% above the Oklahoma typical home. Homes typically sell in 42 days, a little above asking.
Home values, sales, trends and how Elgin compares with the towns next door — updated as new data is published.
Elgin at a glance
A seller's market
Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Elgin | Oklahoma |
|---|---|---|
| 2017 | $191,000 | $130,000 |
| 2018 | $195,000 | $134,000 |
| 2019 | $198,000 | $139,000 |
| 2020 | $205,000 | $148,000 |
| 2021 | $218,000 | $163,000 |
| 2022 | $245,000 | $185,000 |
| 2023 | $264,000 | $203,000 |
| 2024 | $274,000 | $210,000 |
| 2025 | $284,000 | $217,000 |
| 2026 | $299,000 | $221,000 |
| August 2026 | $306,000 | $223,000 |
3.2 years of income
The typical Elgin home costs about 3.2 years of the town's median household income, about the same as across Oklahoma (3.4).
How Elgin ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.