Elkins, WV — Momentum Score, Home Values & Best-For

Randolph County · Elkins · population 6,698

AffordabilityShrinkingSmall-town feel
View watchlist →
60
Stable
Momentum score · 0–100

Where Elkins stands

At or near all-time high. population shrinking 0.9% per year.

Median home $166,319
1-year +1.0%
5-yr CAGR +4.5%
vs 5-yr peak -0.1%
Population -0.9%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-02$166k$103k$126k$150k$173k201620182020202220242026

Lifestyle scores

🚶
Walkability
25/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
10/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
56/100
Workable for remote workers
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

How the momentum score breaks down

methodology →
Home YoY
55 · w22%
Home 5-yr CAGR
62 · w22%
Distance from peak
89 · w18%
Population growth
32 · w16%
Home 10-yr CAGR
55 · w10%
Long thesis

Elkins offers a $166,319 median home with +4.5% annualized 5-year appreciation. Affordability + positive trend is one of the better risk/reward setups in US residential — small downside, room to compound.

Short thesis

Elkins's population is shrinking 0.9% per year. Housing demand has to come from somewhere — if people are leaving, the buyer pool is shrinking faster than the inventory. That eventually shows up in price.

About Elkins

Elkins is a city in Randolph County, West Virginia, with an estimated population of 6,698. The population has contracted 0.9% per year on average since 2020. The median home value in Elkins is $166,319 as of 2026-04, up 1.0% over the last 12 months. Over the last five years, home values have averaged +4.5% annual growth, with prices at or near the 5-year peak. The composite momentum score is 60 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

Bull case

Held the highs: currently -0.1% from the 5-year peak — this market refused to give back gains.
Cheap entry point: $166,319 median home is well below the US median of $355k — room to grow without overpaying.

Bear case

Flat or shrinking population: -0.9% per year. Housing demand has to come from somewhere — verify the source.
Thin housing market: small population means fewer transactions and slower resale. Liquidity risk on exit.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Randolph County right now.

Public-safety links are official .gov sources, not curated by us. Randolph County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Elkins

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
41° / 23°
avg high / low
Summer (Jul)
83° / 60°
avg high / low
Sunny days/yr
178
~49% of year
Annual precip
44″ rain
32″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Low
Wildfire
Very low
Earthquake
Very low
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Elkins listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local sports teams

Major professional teams the Elkins area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
73%
Humid climate
Median household income
$55,200
West Virginia state median
Top industries (state-level)
HealthcareMining/CoalManufacturing

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

Cities similar to Elkins

Explore other places with comparable momentum or affordability.

See all West Virginia cities →    Browse best-of lists →