Home prices
The median home cost in Elk City is $155,600. In comparison to nearby areas this is roughly $83,080 (114%) higher.Compared to the entire nation it is about $61,900 (28%) lower, and in comparison to the city of Lawton it is about $42,800 (37%) higher.
Rents
Elk City's median rent is $740 per month. In comparison to its nearby areas it is approximately $100 (15%) higher.It is approximately $322 (30%) lower in comparison to the entire nation, and is about $92 (11%) lower in comparison to the city of Lawton.
Nearby places
Sayre
Sayre is Elk City's neighbor to the southwest. Real estate prices there are a lot less expensive. Sayre's median home value is $78,400, which is $77,200 (98%) lower than Elk City. Rent there is somewhat less expensive. In Sayre the median rent is $616 a month, which comes out to $124 (20%) lower than Elk City.
Canute
Canute is about 8 miles east from Elk City. Housing prices there are substantially less expensive. The price of the median home in Canute is $79,900, which works out to $75,700 (94%) lower than Elk City. Rent there is somewhat more expensive. The median monthly rent in Canute is $842, which is $102 (12%) higher than Elk City.
Burns Flat
Burns Flat is about 12 miles east of Elk City. Real estate prices there are significantly less expensive. Burns Flat's median home price is $84,700, which comes out to $70,900 (83%) lower than Elk City. Rent there is a little less expensive. In Burns Flat the median monthly rent is $689, which works out to $51 (7%) lower than Elk City.
Dill City
Dill City is about 16 miles southeast of Elk City. Its housing prices are a lot less expensive. Dill City's median home cost is $42,000, which is $113,600 (270%) lower than Elk City. Rents there are a lot less expensive. Dill City's median monthly rent is $510, which comes out to $230 (45%) lower than Elk City.
Hammon
Hammon is about 17 miles north from Elk City. Its real estate prices are a lot less expensive. The median home in Hammon costs $77,600, which comes out to $78,000 (100%) lower than Elk City. Rent there is significantly less expensive. Hammon's median rent is $542 a month, which works out to $198 (36%) lower than Elk City.