Elk City Metro Area, OK Housing

The Elk City, OK Metro Area has a housing median value of $132,800, which is significantly lower than the US median house value of $338,100. Despite this, the area has seen an impressive 1 year appreciation rate of 11.89%, which is higher than the national average of 8.27%. This indicates that the housing market in the Elk City Metro Area is doing well and may be attractive to potential buyers looking for a lower price point.

The median home cost in Elk City Metro Area is $132,800. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Elk City Metro Area is up 14.5%.

Average Age of Homes

- The median age of Elk City Metro Area real estate is 39 years old

The Rental Market in Elk City Metro Area

- Renters make up 29.5% of the Elk City Metro Area population
- 6.4% of houses and apartments in Elk City Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elk City, Oklahoma	United States
	10,104.0	139,647,020.0
	41	42
	$132,800	$338,100
	14.5%	16.6%
	45.0%	57.0%
	62.1%	101.1%
	$7.85	$10.98
	$1,082	$2,690
	51.6%	57.4%
	21.7%	11.2%
	26.7%	31.4%
Vacant Housing
	6.4%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	1.3%	3.6%
	13.1%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	4.7%	2.4%
	5.8%	2.8%
	9.1%	3.9%
	9.7%	4.5%
	18.7%	11.3%
	18.1%	13.0%
	16.6%	20.1%
	4.9%	13.6%
	3.9%	8.3%
	0.9%	9.7%
	1.8%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	7.2%	13.6%
	16.4%	13.2%
	15.4%	14.8%
	7.2%	13.6%
	11.5%	10.0%
	5.9%	4.7%
	8.0%	12.2%

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