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Call/text (707) 474-8855Elkhorn, CA · Market Data
Elkhorn, California real estate market data.
Real estate market data for Elkhorn, CA (Monterey County) — Census median home value $774,600, county listing prices up about 1.3% over the past year.
Elkhorn, CA is in Monterey County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 1,201, with a median household income of $124,464. Census data puts Elkhorn's median home value at $774,600.
At a glance
Elkhorn market snapshot
Population
1,201
Median Household Income
$124,464
Median Home Value (city)
$774,600
Median Gross Rent
$2,479/mo
Price Trend (YoY)
+1.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Elkhorn different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Elkhorn's median home value — across all owner-occupied homes, not just recent sales — at $774,600.
County Price Trend
Monterey County's FHFA house price index shows a 1.32% annual change in 2025.
Population & Income
Elkhorn has an estimated population of 1,201 and a median household income of $124,464, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Elkhorn's Census-reported median home value works out to about 6.2x the area's median household income, and median gross rent runs roughly 24% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Elkhorn FAQ
What are home values like in Elkhorn, CA?
The Census Bureau's American Community Survey puts Elkhorn's median home value at $774,600.
What is the population of Elkhorn, CA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Elkhorn's population at approximately 1,201.
What's the median rent in Elkhorn, CA?
The Census ACS estimates median gross rent in Elkhorn at approximately $2,479 per month.
What is the median household income in Elkhorn, CA?
Census ACS data puts the median household income in Elkhorn at approximately $124,464.
Is the Elkhorn housing market growing?
Monterey County's FHFA house price index shows a 1.32% annual change in 2025.
Is Elkhorn, CA affordable relative to income?
Census ACS data puts Elkhorn's median home value at about 6.2 times the median household income, with median gross rent equal to roughly 24% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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