What is the median home value in Elk Horn, IA?
The median value of owner-occupied homes in Elk Horn, IA is $133,200 (±$26,783), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Elk Horn, the median home value went from $103,100 in 2015–2019 to $133,200 in 2020–2024 (+29.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $133,200 (±$26,783)
- Owner-occupied homes
- 251 (±60)
- Most common range
- $100,000 to $149,999
Home values in Elk Horn
| Value | Elk Horn | Shelby County | Iowa | United States |
|---|---|---|---|---|
| Less than $50,000 | 2.8% (±2.9 points) | 8.7% | 6.6% | 5.3% |
| $50,000 to $99,999 | 17.1% (±8.5 points) | 17.2% | 11.2% | 6.1% |
| $100,000 to $149,999 | 37.8% (±14.9 points) | 16.3% | 13.8% | 6.8% |
| $150,000 to $199,999 | 23.9% (±9.7 points) | 18.1% | 16.2% | 9.0% |
| $200,000 to $299,999 | 16.7% (±9.1 points) | 21.5% | 23.1% | 17.8% |
| $300,000 to $499,999 | 1.6% (±3.3 points) | 14.5% | 21.3% | 26.9% |
| $500,000 to $999,999 | 0.0% (±9.5 points) | 3.5% | 6.8% | 20.9% |
| $1,000,000 or more | 0.0% (±9.5 points) | 0.2% | 1.1% | 7.1% |
The most common range is $100,000 to $149,999, 37.8% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Elk Horn against Shelby County, its state and the nation
| Elk Horn | Shelby County | Iowa | United States | |
|---|---|---|---|---|
| Median home value | $133,200 (±$26,783) | $164,000 (±$7,530) | $208,000 (±$1,141) | $332,700 |
| Owner-occupied homes | 251 (±60) | 3,798 (±221) | 943,396 (±5,414) | 84,210,142 |
In Elk Horn, the median home value is lower than in Shelby County ($164,000).
It is also lower than in Iowa ($208,000).
It is lower than the national figure ($332,700).
In Shelby County, Elk Horn ranks 5 of 11 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 387 of 909.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Elk Horn have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $103,100 (±$13,765) | $133,200 (±$26,783) | +29.2% | No measurable change after inflation |
| Median owner cost with a mortgage | $942 (±$91) | $1,111 (±$143) | +17.9% | No measurable change after inflation |
| Median real estate taxes | $1,598 (±$216) | $1,804 (±$140) | +12.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Elk Horn
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Elk Horn | — | $133,200 (±$26,783) | — |
| Kimballton | 2.5 mi | $107,100 (±$32,247) | Not measurably different |
| Brayton | 7.6 mi | $71,700 (±$38,715) | Lower |
| Exira | 9.3 mi | $84,700 (±$14,279) | Lower |
| Marne | 10 mi | $98,800 (±$19,783) | Lower |
| Walnut | 11 mi | $115,900 (±$20,170) | Not measurably different |
| Audubon | 11 mi | $97,700 (±$8,593) | Lower |
| Atlantic | 14 mi | $149,900 (±$14,635) | Not measurably different |
| Kirkman | 14 mi | $118,800 (±$61,446) | Not measurably different |
Nearby places with a measurably lower figure: Brayton, IA ($71,700), Exira, IA ($84,700), Marne, IA ($98,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Shelby County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Tennant | $210,000 (±$148,257) |
| 2 | Shelby | $162,500 (±$28,075) |
| 3 | Harlan | $152,500 (±$11,831) |
| 4 | Panama | $142,200 (±$64,614) |
| 5 | Elk Horn | $133,200 (±$26,783) |
| 6 (tie) | Earling | $125,000 (±$34,525) |
| 6 (tie) | Portsmouth | $125,000 (±$38,135) |
| 8 | Kirkman | $118,800 (±$61,446) |
| 9 | Defiance | $101,600 (±$31,190) |
| 10 | Westphalia | $97,400 (±$7,963) |
| 11 | Irwin | $72,900 (±$15,582) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Elk Horn
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Elk Horn beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Elk Horn, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Elk Horn, and send estimates and invoices from your phone.
Questions about Elk Horn
What is the average home value in Elk Horn, IA?
The Census Bureau publishes the median: $133,200 (±$26,783) for owner-occupied homes in Elk Horn (2020–2024 American Community Survey).
Have home values in Elk Horn gone up?
In Elk Horn, the median home value went from $103,100 in 2015–2019 to $133,200 in 2020–2024 (+29.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Elk Horn sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elk Horn city, Iowa
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Elk Horn city, Iowa
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Elk Horn city, Iowa
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Elk Horn city, Iowa
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elk Horn city, Iowa (place:24780, in state:19).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Elk Horn at a glance
- Renters and owners in Elk Horn
- Income and affordability in Elk Horn
- Homeowner costs in Elk Horn
- Property taxes in Elk Horn
- Types of homes in Elk Horn
- Bedrooms in Elk Horn
- Age of homes in Elk Horn
- Heating fuel in Elk Horn
- Commute and cars in Elk Horn
- How long people stay in Elk Horn
- Iowa landlord and tenant rules
- Housing across Shelby County
- Iowa places ranked by median home value
- Housing data for every place in Iowa