Housing in Elgin, OK

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$281,250

Median List Price

$380,000

Price Per Sq Ft

$157

Days on Market

83

Active Inventory

15

Months of Supply

2.5

Seller's market

Zillow Home Value

$294,596

ZHVI — January 2026

Zillow Rent Index

$1,838

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 6.1%List Price 55.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.0%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
13.3%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

5

Pending Sales

5

Homes Sold 50.0%New Listings 37.5%Pending 28.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$157

Median List $/SF

$178

Sale $/SF 6.1%List $/SF 16.3%Mar 24Jan 26

Elgin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elgin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$243,600

Median Rent

$1,206

Total Housing Units

1,294

Vacancy Rate

5.7%

Owner Occupied

73.4%

Renter Occupied

26.6%

Median Property Tax

$2,396

per year

Monthly Cost (w/ Mortgage)

$1,364

Housing Types

Single Family
85.0%
Multi-Family
10.7%
Mobile Home
4.3%

The current median sale price in Elgin, OK is $281,250 according to Redfin data. Homes spend a median of 83 days on the market. 16.7% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $157. Zillow's observed rent index is $1,838/month. About 73.4% of housing units are owner-occupied. The median year homes were built is 2008. There are 1,294 total housing units.