Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 30,703 ↓ 0.9% since 2020 |
| Median Household Income | $64,103 14% below national median |
| Median Home Value | $128,600 |
| Unemployment Rate | 6.2% |
| Median Age | 48.5 years |
| Housing Vacancy Rate | 20.1% |
| Total Land Sales (Past 12 Months) | 17 transactions |
| Active Listings | 19 properties |
| Avg Days on Market | 551 days |
Rural Land Sales (1+ Acres) (Jun 2025 – Aug 2025)
| Metric | Value |
|---|---|
| Median Price/Acre | $15,000 |
| Recent Sales | 9 transactions |
| Avg Days on Market | 498 days |
| Avg Parcel Size | 4.00 acres |
| Active Listings | 11 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Aug 2025 | 1.15 | $34,000 | $29,565 | Saint Marys |
| Jun 2025 | 1.00 | $15,000 | $15,000 | Kersey |
| Jun 2025 | 1.04 | $22,000 | $21,154 | Kane |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Sep 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $18,250 |
| Recent Sales | 8 transactions |
| Avg Days on Market | 611 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 8 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Sep 2025 | 0.17 | $32,000 | Kane |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 30,703 |
| Population (2020) | 30,990 |
| Population Growth | -0.93% |
| Median Household Income | $64,103 |
| Median Home Value | $128,600 |
| Total Housing Units | 16,876 |
| Vacant Housing Units | 3,395 |
| Housing Vacancy Rate | 20.1% |
| Median Age | 48.5 |
| Bachelor's Degree or Higher | 3,039 (9.9%) |
| Unemployment Rate (BLS) | 4.0% |
Market Overview
Elk County, Pennsylvania has a population of 30,703, which has declined 0.93% since 2020. The median household income is $64,103, below the national median of $74,580 by 14.0%. With a median home value of $128,600 and an unemployment rate of 4.0%, the local economy is moderate. The housing vacancy rate of 20.1% suggests soft market conditions. Elk County remains a key area for land acquisition in Pennsylvania. Recent rural land sales show a median price of $15,000 per acre, with properties averaging 4.00 acres. There are currently 19 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Elk County, Pennsylvania?
As of the 2023 American Community Survey, Elk County has a population of 30,703. The county has declined 0.93% since the 2020 Census.
What is the median household income in Elk County?
The median household income in Elk County is $64,103, which is 14.0% below the national median of $74,580.
Is Elk County growing or shrinking?
Elk County is shrinking. The population has declined 0.93% since 2020.
What is the housing market like in Elk County?
The median home value in Elk County is $128,600. The housing vacancy rate is 20.1%, which suggests soft market conditions. The unemployment rate is 4.0%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $15,000 per acre. Suburban/urban lots under 1 acre have a median lot price of $18,250.
Does Reelvest buy land in Elk County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Elk County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.