Home prices
The value of the median home in Elm Creek is $114,800. In comparison to nearby areas this is about $8,100 (7%) higher.It is approximately $102,700 (47%) lower compared to the United States as a whole, and in comparison to the city of Grand Island is roughly $26,000 (18%) lower.
Rents
The median monthly rent in Elm Creek is $888. It is approximately $142 (18%) higher compared to nearby areas.It is roughly $174 (16%) lower compared to the entire country, and in comparison to the city of Grand Island is roughly $121 (15%) higher.
Nearby places
Overton
Overton is roughly 7 miles west of Elm Creek. Housing prices there are substantially less expensive. The median home in Overton is valued at $57,600, which is $57,200 (99%) lower than Elm Creek. Rent there is a lot less expensive. In Overton the median rent is $635 a month, which is $253 (39%) lower than Elm Creek.
Amherst
Amherst is roughly 9 miles northeast from Elm Creek. Its housing prices are a little less expensive. The median home price in Amherst is $92,000, which comes out to $22,800 (24%) lower than Elm Creek. Its rents are a bit less expensive. In Amherst the median monthly rent is $717, which comes out to $171 (23%) lower than Elm Creek.
Riverdale
Riverdale is approximately 10 miles northeast of Elm Creek. Its housing prices are a little more expensive. The median home in Riverdale costs $122,500, which comes out to $7,700 (6%) higher than Elm Creek. Rent there is similar. In Riverdale the median monthly rent is $850, which is $38 (4%) lower than Elm Creek.
Kearney
Kearney is about 13 miles east from Elm Creek. Real estate prices there are substantially more expensive. The median home in Kearney costs $178,900, which works out to $64,100 (35%) higher than Elm Creek. Rent there is a little less expensive. In Kearney the median rent is $767 a month, which comes out to $121 (15%) lower than Elm Creek.
Sumner
Sumner is approximately 16 miles north from Elm Creek. Its real estate prices are significantly less expensive. The median home in Sumner is valued at $82,500, which is $32,300 (39%) lower than Elm Creek. Its rents are somewhat less expensive. In Sumner the median rent is $763 per month, which comes out to $125 (16%) lower than Elm Creek.