Elma, WA Housing Market

$354,802

0.8% 1-yr

The average Elma, WA home value is $354,802, down 0.8% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Elma Key Takeaways

Typical Home Values: $354,802

1-year Value Change: -0.8%

(Data through January 31, 2026)

Elma Housing Market Overview

--1-year Market Forecast

28For sale inventory(January 31, 2026)

5New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price(December 31, 2025)

$455,800Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Malone--
Porter--
Goldcrest$583,985
The Woods--
Walnut Park--
Wellington West$540,940
South Westside$497,501
Burbank$497,842
Northwest$456,910

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Elma Rental Market Trends

--Average rent in Elma

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.