Home prices
The value of the median home in Light Oak is $67,500. It is approximately $35,940 (34%) lower compared to other places in this area.In comparison to the rest of the country it is roughly $150,000 (68%) lower, and in comparison to the city of Charlotte is about $152,800 (69%) lower.
Rents
In Light Oak the median monthly rent is $903. It is roughly $210 (30%) higher compared to its nearby areas.It is about $159 (14%) lower in comparison to the United States as a whole, and in comparison to the city of Charlotte is approximately $232 (20%) lower.
Nearby places
Shelby
Shelby is Light Oak's neighbor to the west. Real estate prices there are significantly more expensive. The median home price in Shelby is $119,300, which is $51,800 (43%) higher than Light Oak. The rent there is a bit less expensive. Shelby's median rent is $707 per month, which comes out to $196 (27%) lower than Light Oak.
Patterson Springs
Patterson Springs is roughly 4 miles southwest of Light Oak. Real estate prices there are a little more expensive. The median home price in Patterson Springs is $83,000, which works out to $15,500 (18%) higher than Light Oak. Its rents are significantly less expensive. Patterson Springs's median monthly rent is $588, which is $315 (53%) lower than Light Oak.
Waco
Waco is roughly 5 miles northeast from Light Oak. Real estate prices there are substantially more expensive. The median home in Waco is valued at $104,600, which works out to $37,100 (35%) higher than Light Oak. The rent there is somewhat less expensive. In Waco the median rent is $721 a month, which comes out to $182 (25%) lower than Light Oak.
Earl
Earl is approximately 7 miles southwest from Light Oak. The real estate prices there are somewhat more expensive. The median home cost in Earl is $86,700, which comes out to $19,200 (22%) higher than Light Oak. Rents there are somewhat less expensive. Earl's median rent is $708 a month, which comes out to $195 (27%) lower than Light Oak.
Kings Mountain
Kings Mountain is about 7 miles southeast from Light Oak. Its housing prices are a lot more expensive. The median home in Kings Mountain is valued at $123,600, which works out to $56,100 (45%) higher than Light Oak. The rent there is a little less expensive. In Kings Mountain the median monthly rent is $741, which is $162 (21%) lower than Light Oak.
