Is Elk, WA 99009 a buyer’s or seller’s market?

The Elk housing market right now

In the three months ending August 31, 2026, 10% of homes in Elk, WA 99009 sold above their list price, the typical home went under contract in 35 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (52 days then) and the median sale price fell 10% to $471,795. Overall, Elk is more competitive than a year ago, so tougher for buyers.

Within Spokane County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 78%.

Nearby, buyers who want less competition could look at Valleyford 99036 (0% sold over asking) or Mica 99023 (0% sold over asking), while Fairfield 99012 (50% sold over asking) and Airway Heights 99001 (36% sold over asking) are even more competitive.