Commercial Real Estate Market in Elkins, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
38 active listings and 87 off-market properties in Elkins, AR.
Market Trends
Elkins, AR spans 155.6 square miles in Washington County, Arkansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Elkins, AR asks $236/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Elkins, AR asks $217/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elkins, AR runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Elkins, AR asks $180/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 48.8%
- Residential 36.9%
- Civic 7.1%
- Planned_development 3.8%
- Commercial 3.2%
- Industrial 0%
Largest Zones share of zoned land by district
Agricultural
Low Density Single Family Residential
Public Property
Planned Unit Development
Light Commercial
Agricultural (A-1)
The regulations of the agricultural district are designed to protect agricultural land until an orderly transition to urban development has been accomplished
Market overview
Demographics & Economy
Elkins, AR has 6,434 residents in 2,803 households. Density runs 41 people per square mile. Median household income here is $71,705 and median gross rent $1,063 a month.
6,434
Population
2,803
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
155.6 sq mi
ZIP Area
41
Density / Sq Mi
$71,705
Median Household Income
$37,373
Median Earnings
$1,063
Median Rent
$191,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harris | — | — |
| Durham | — | — |
| Baldwin | — | — |
| Goshen | — | — |
Commercial property in Elkins, AR asks $1,428/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elkins?
Commercial property in Elkins, AR asks an average of $1,428 per square foot. Office carries the highest asking price at $236/SF.
Where does Realmo's Elkins market data come from?
Realmo compiles Elkins, AR figures from 38 active sale listings, 87 tracked off-market properties, the current Elkins zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 38 active for-sale and 0 active for-lease listings in Elkins, AR. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,511 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
