With only 2.5 months of inventory, Elkmont remains a seller's market. Home prices have increased 62.1% in the past month alone. With 2.5 months of supply, Elkmont's inventory levels remain relatively tight. Homes are taking about 88 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Elkmont market with the affordability index at 5757.0. Based on current market indicators, home prices in Elkmont are projected to increase by approximately 5.6% over the next month.