Home prices
The median home value in Elgin is $68,300. This is roughly $7,040 (9%) lower compared to its surrounding areas.It is approximately $149,200 (68%) lower compared to the entire nation, and in comparison to the city of Bismarck it is roughly $177,000 (72%) lower.
Rents
Elgin's median monthly rent is $548. It is roughly $124 (18%) lower in comparison to its nearby areas.Compared to the rest of the country it is roughly $514 (48%) lower, and it is approximately $319 (36%) lower in comparison to the city of Bismarck.
Nearby places
Carson
Carson is about 11 miles east of Elgin. Real estate prices there are a bit less expensive. The cost of the median home in Carson is $56,500, which works out to $11,800 (20%) lower than Elgin. Rents there are a little less expensive. The median rent in Carson is $425 a month, which comes out to $123 (28%) lower than Elgin.
Mott
Mott is about 19 miles west of Elgin. The real estate prices there are a bit more expensive. The median home in Mott costs $85,600, which works out to $17,300 (20%) higher than Elgin. Rent there is somewhat more expensive. Mott's median monthly rent is $618, which is $70 (11%) higher than Elgin.
Almont
Almont is approximately 24 miles northeast from Elgin. The real estate prices there are substantially less expensive. The median home cost in Almont is $48,800, which works out to $19,500 (39%) lower than Elgin. Rents there are somewhat more expensive. The median rent in Almont is $675 a month, which is $127 (18%) higher than Elgin.
Flasher
Flasher is approximately 24 miles east of Elgin. Its real estate prices are somewhat more expensive. The median home in Flasher costs $81,400, which works out to $13,100 (16%) higher than Elgin. Rent there is substantially more expensive. The median monthly rent in Flasher is $825, which is $277 (33%) higher than Elgin.
Glen Ullin
Glen Ullin is roughly 24 miles north of Elgin. Housing prices there are substantially more expensive. The median home in Glen Ullin is valued at $104,400, which works out to $36,100 (34%) higher than Elgin. Rent there is significantly more expensive. Glen Ullin's median monthly rent is $818, which works out to $270 (33%) higher than Elgin.