Home prices
The price of the median home in Oak City is $159,200. In comparison to nearby areas it is approximately $9,120 (6%) higher.It is about $58,300 (26%) lower in comparison to the rest of the nation, and in comparison to the city of Provo it is roughly $112,100 (41%) lower.
Rents
In Oak City the median monthly rent is $631. In comparison to the surrounding areas it is approximately $99 (13%) lower.In comparison to the country as a whole it is approximately $431 (40%) lower, and is roughly $246 (28%) lower in comparison to the city of Provo.
Nearby places
Delta
Delta is roughly 9 miles west from Oak City. The housing prices there are somewhat less expensive. Delta's median home cost is $143,900, which works out to $15,300 (10%) lower than Oak City. Rents there are a bit more expensive. Delta's median rent is $686 per month, which is $55 (8%) higher than Oak City.
Leamington
Leamington is approximately 10 miles north of Oak City. The housing prices there are similar. Leamington's median home price is $163,000, which works out to $3,800 (2%) higher than Oak City. Rent there is a bit more expensive. In Leamington the median rent is $721 a month, which comes out to $90 (12%) higher than Oak City.
Scipio
Scipio is about 13 miles southeast of Oak City. Its real estate prices are somewhat more expensive. The value of the median home in Scipio is $184,200, which works out to $25,000 (13%) higher than Oak City. Rent there is a little more expensive. Scipio's median rent is $789 per month, which works out to $158 (20%) higher than Oak City.
Hinckley
Hinckley is roughly 15 miles west of Oak City. Real estate prices there are substantially less expensive. The median home cost in Hinckley is $102,600, which is $56,600 (55%) lower than Oak City. Rent there is a bit more expensive. Hinckley's median monthly rent is $777, which is $146 (18%) higher than Oak City.
Holden
Holden is roughly 19 miles south from Oak City. The housing prices there are fairly similar. The median home in Holden is valued at $156,700, which works out to $2,500 (1%) lower than Oak City. Rent there is a bit more expensive. Holden's median rent is $675 a month, which works out to $44 (6%) higher than Oak City.