Home prices
Arkansas City's median home value is $64,100. In comparison to nearby areas it is about $27,040 (29%) lower.Compared to the entire country it is about $153,400 (70%) lower, and compared to the city of Wichita is roughly $69,300 (51%) lower.
Rents
In Arkansas City the median monthly rent is $668. This is about $17 (2%) lower in comparison to its surrounding areas.In comparison to the entire country it is roughly $394 (37%) lower, and in comparison to the city of Wichita is roughly $141 (17%) lower.
Nearby places
Parkerfield
Parkerfield is Arkansas City's neighbor to the east. The real estate prices there are substantially more expensive. The price of the median home in Parkerfield is $158,000, which works out to $93,900 (59%) higher than Arkansas City. Its rents are significantly more expensive. In Parkerfield the median rent is $1,063 per month, which comes out to $395 (37%) higher than Arkansas City.
Newkirk
Newkirk is approximately 13 miles south of Arkansas City. Housing prices there are somewhat more expensive. The value of the median home in Newkirk is $78,300, which works out to $14,200 (18%) higher than Arkansas City. Rents there are a little less expensive. The median rent in Newkirk is $607 a month, which is $61 (10%) lower than Arkansas City.
Winfield
Winfield is roughly 14 miles north of Arkansas City. The housing prices there are a bit more expensive. The median home in Winfield is valued at $91,500, which comes out to $27,400 (29%) higher than Arkansas City. Rent there is a bit more expensive. Winfield's median rent is $720 per month, which is $52 (7%) higher than Arkansas City.
Oxford
Oxford is roughly 15 miles northwest of Arkansas City. The real estate prices there are a little more expensive. The median home value in Oxford is $85,700, which comes out to $21,600 (25%) higher than Arkansas City. Rent there is a lot less expensive. In Oxford the median monthly rent is $483, which works out to $185 (38%) lower than Arkansas City.
Dexter
Dexter is about 17 miles northeast of Arkansas City. The housing prices there are significantly less expensive. The median home in Dexter is valued at $42,200, which is $21,900 (51%) lower than Arkansas City. Its rents are a bit less expensive. Dexter's median rent is $550 per month, which comes out to $118 (21%) lower than Arkansas City.