Home prices
The cost of the median home in Elk City is $24,800. It is about $25,880 (51%) lower in comparison to the surrounding areas.It is roughly $192,700 (88%) lower in comparison to the entire nation, and it is approximately $115,100 (82%) lower in comparison to the city of Tulsa.
Rents
In Elk City the median rent is $730 per month. In comparison to the surrounding areas this is about $117 (19%) higher.It is about $332 (31%) lower in comparison to the rest of the country, and in comparison to the city of Tulsa it is approximately $99 (11%) lower.
Nearby places
Independence
Independence is about 10 miles southeast of Elk City. Its real estate prices are substantially more expensive. The price of the median home in Independence is $80,700, which comes out to $55,900 (69%) higher than Elk City. Rent there is somewhat less expensive. Independence's median rent is $680 a month, which works out to $50 (7%) lower than Elk City.
Longton
Longton is about 10 miles northwest from Elk City. Its housing prices are a little more expensive. The median home cost in Longton is $28,200, which comes out to $3,400 (12%) higher than Elk City. Rents there are significantly less expensive. In Longton the median monthly rent is $473, which is $257 (54%) lower than Elk City.
Neodesha
Neodesha is about 14 miles northeast of Elk City. Real estate prices there are substantially more expensive. The median home price in Neodesha is $58,700, which works out to $33,900 (57%) higher than Elk City. Rent there is a little less expensive. In Neodesha the median rent is $605 a month, which is $125 (20%) lower than Elk City.
Cherryvale
Cherryvale is approximately 17 miles east from Elk City. The real estate prices there are a lot more expensive. The median home in Cherryvale is valued at $48,700, which comes out to $23,900 (49%) higher than Elk City. Rent there is a little less expensive. In Cherryvale the median monthly rent is $678, which is $52 (7%) lower than Elk City.
Sedan
Sedan is roughly 17 miles southwest of Elk City. Real estate prices there are significantly more expensive. The median home in Sedan is valued at $37,100, which is $12,300 (33%) higher than Elk City. The rent there is somewhat less expensive. The median monthly rent in Sedan is $629, which is $101 (16%) lower than Elk City.