Home prices
The median home price in Oak City is $83,600. In comparison to the surrounding areas this is approximately $12,400 (17%) higher.It is approximately $133,900 (61%) lower compared to the nation as a whole, and in comparison to the city of Raleigh is about $164,700 (66%) lower.
Rents
Oak City's median monthly rent is $615. Compared to other places in this area it is roughly $96 (13%) lower.It is about $447 (42%) lower in comparison to the entire country, and is roughly $506 (45%) lower in comparison to the city of Raleigh.
Nearby places
Hamilton
Hamilton is approximately 4 miles east of Oak City. The housing prices there are significantly less expensive. The cost of the median home in Hamilton is $57,700, which comes out to $25,900 (44%) lower than Oak City. Rents there are a bit less expensive. The median rent in Hamilton is $477 a month, which comes out to $138 (28%) lower than Oak City.
Hobgood
Hobgood is about 6 miles northwest of Oak City. Housing prices there are substantially less expensive. The cost of the median home in Hobgood is $62,500, which comes out to $21,100 (33%) lower than Oak City. Rent there is a little more expensive. The median monthly rent in Hobgood is $746, which works out to $131 (17%) higher than Oak City.
Robersonville
Robersonville is about 10 miles south of Oak City. The real estate prices there are a bit more expensive. The price of the median home in Robersonville is $88,700, which comes out to $5,100 (5%) higher than Oak City. Rents there are similar. The median monthly rent in Robersonville is $613, which is very similar to Oak City.
Parmele
Parmele is roughly 10 miles south from Oak City. The housing prices there are somewhat less expensive. The median home cost in Parmele is $69,100, which works out to $14,500 (20%) lower than Oak City. Rents there are somewhat more expensive. In Parmele the median monthly rent is $810, which works out to $195 (24%) higher than Oak City.
Everetts
Everetts is about 11 miles southeast from Oak City. Real estate prices there are a bit less expensive. The median home in Everetts is valued at $78,000, which comes out to $5,600 (7%) lower than Oak City. Its rents are substantially more expensive. The median monthly rent in Everetts is $909, which is $294 (32%) higher than Oak City.
