Single-Family Homes
Wed Jun 17 2026
This week the median list price for Elkins Park, PA is $505,000 with the market action index hovering around 52. This is an increase over last month's market action index of 50. Inventory has increased to 16.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
| Median List Price | $505,000 | |
| Median Price of New Listings | $499,900 | |
| Per Square Foot | $236 | |
| Average Days on Market | 104 | |
| Median Days on Market | 32 | |
| Price Decreased | 44% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 16 | |
| Median Rent | ||
| Market Action | 52 | |
| Strong Seller's Market | ||
Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $677,500 | 3,231 | 0.25 - 0.5 acre | 5 | 4.3 | 106 | 0 | 0 | 168 |
| $549,999 | 2,335 | 8,000 - 10,000 sqft | 3 | 2.5 | 69 | 0 | 0 | 31 |
| $499,949 | 2,345 | 8,000 - 10,000 sqft | 4 | 2.5 | 82 | 2 | 0 | 3 |
| $389,945 | 1,478 | 6,500 - 8,000 sqft | 3 | 1.8 | 93 | 1 | 0 | 38 |