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Elkins, Arkansas Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
30
Sold (12M)
37
Median Price
$121K
Market Condition
Buyer's Market

Elkins, Arkansas Market Meter

Buyer'sSeller's
Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$121K
Avg Price/Acre
$14K
Avg Days on Market
137
Months of Supply
9.0
YoY Price Change
-17.6%
New Listings (3M)
7

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres-123
2-5 acres-235
5-10 acres2349
10-20 acres1349
20-50 acres-125
50-100 acres---2
100+ acres--12
TOTAL3101637
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 1 listed
1-2 acres3 sold / 0 listed
2-5 acres5 sold / 3 listed
5-10 acres9 sold / 4 listed
10-20 acres9 sold / 4 listed
20-50 acres5 sold / 11 listed
50-100 acres2 sold / 4 listed
100+ acres2 sold / 3 listed

Median Price by Acreage

$0$306K$613K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$6.4M
Last 12 months
Active Listings
30
Current inventory
Avg Days on Market
137
Time to sell
Price Trend (YoY)
-17.6%
Year over year

Elkins, Arkansas Land Market Analysis

How much is land worth in Elkins, Arkansas?

The median price for land in Elkins, Arkansas is currently $14K per acre. For a typical parcel, the median sale price is $121K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $56K while premium lots reached $380K.

Is now a good time to buy land in Elkins, Arkansas?

Elkins, Arkansas is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 17.6% year-over-year.

What is the months of supply for land in Elkins, Arkansas?

Elkins, Arkansas currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

Is now a good time to invest in land in Elkins, Arkansas?

The current absorption rate in Elkins, Arkansas is 11.1% (3-month basis), indicating moderate demand. With depreciating values (-17.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Collier & Associates.

What is the total land for sale in Elkins, Arkansas?

There are currently 30 active listings in Elkins, Arkansas. 7 new listings have hit the market in the last 90 days. The median asking price is $185K.

How long does it take to sell land in Elkins, Arkansas?

Land in Elkins, Arkansas typically sells within 137 days of listing. The median time on market is 68 days. Properties are moving slowly in the current buyer's market.

What is the absorption rate for land in Elkins, Arkansas?

The 3-month absorption rate in Elkins, Arkansas is 11.1%. The 12-month rate is 10.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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