Housing in Elma, WA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$400,000
Median List Price
$376,950
Price Per Sq Ft
$227
Days on Market
150
Active Inventory
10
Months of Supply
2.0
Seller's market
Zillow Home Value
$354,802
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
97.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
4
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$227
Median List $/SF
$321
Elma vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Elma 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
$379,200
Median Rent
$987
Total Housing Units
1,350
Vacancy Rate
9.1%
Owner Occupied
62.8%
Renter Occupied
37.3%
Median Property Tax
$2,633
per year
Monthly Cost (w/ Mortgage)
$1,164
Housing Types
The current median sale price in Elma, WA is $400,000 according to Redfin data. Homes spend a median of 150 days on the market. 20.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $227. The median rent is $987 per month (Census ACS). About 62.8% of housing units are owner-occupied. The median year homes were built is 1973. There are 1,350 total housing units.