Is Elk City, ID 83525 a buyer’s or seller’s market?
Elk City is a buyer’s market. With about 35.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Elk City housing market right now
In the three months ending August 31, 2026, 0% of homes in Elk City, ID 83525 sold above their list price, the typical home went under contract in 21 days and there were 35.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (243 days then) and the median sale price fell 51% to $254,890. Overall, Elk City is more competitive than a year ago, so tougher for buyers.
Within Idaho County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Cottonwood 83522 (33% sold over asking) and Stites 83552 (33% sold over asking) are even more competitive.
Run the numbers for 83525
Nearby markets
Cottonwood 83522Buyer’s market $178 /sq ftGrangeville 83530Buyer’s market $269 /sq ftGreencreek 83533 $110 /sq ftKamiah 83536Buyer’s market $139 /sq ft Browse all markets →Where Elk City is
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Questions about Elk City real estate
Is Elk City a buyer’s or seller’s market?
A buyer’s market: there were 35.2 months of supply in Elk City, ID 83525 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Elk City?
The typical home went under contract in 21 days in the latest three months.
Do homes in Elk City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.7% of the list price.
What are property taxes in Elk City?
About 0.32% of a home’s value a year in Idaho County, or roughly $1,280 on a $400,000 home.
What is the median home price in Elk City?
The median sale price was $254,890 in the three months ending August 31, 2026, about $280 per square foot.
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More tools for 83525
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology