Commercial Real Estate Market in Elkins, WV
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
10 active listings and 984 off-market properties in Elkins, WV.
Market Trends
Elkins, WV spans 104.7 square miles in Randolph County, West Virginia. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Elkins, WV runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Elkins, WV runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Elkins, WV runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily space in Elkins, WV has a median asking sale price of $78/SF (based on 5 listings). Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Commercial 47.8%
- Industrial 35.9%
- Open space 6.5%
Largest Zones share of zoned land by district
Elkins, WV zones 1,863 acres across 7 districts. Commercial zoning covers 47.8% of zoned land, open space 6.5% and industrial 35.9%. The largest single district is City Residential at 29.8%. For commercial buyers the practical constraint is that only 83.7% of land carries a commercial or industrial designation.
Signs for Single Family Residential (R-1) and City Residential (R-2) Districts 152.229 Signs for Recreational (Rec) District 152.230 Signs for Central Business (CBD) District 152.231 Signs for Educational (E) and Commercial (B-1) Districts 152.232 Signs for Industrial (I-1) District Wireless Telecommunications Facilities 152.240 Purpose 152.241 Applicability…
Market overview
Demographics & Economy
Elkins, WV has 13,931 residents in 6,807 households. Density runs 133 people per square mile. Median household income here is $53,102 and median gross rent $831 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Elkins?
What zoning applies to commercial property in Elkins?
Where does Realmo's Elkins market data come from?
Methodology & data sources
- Asking prices and medians
- There are 10 active for-sale and 0 active for-lease listings in Elkins, WV. The sale median is based on 7 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 1,863 zoned acres across 7 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
