Zip 73538 (Elgin, OK) Housing

The housing market in 73538 Elgin, OK is strong. The median value of a house is $247,100, which is significantly lower than the US median of $338,100. However, the 1 year appreciation rate in 73538 Elgin, OK was 9.28%, slightly higher than the US average of 8.27%. This shows that the housing market in 73538 Elgin, OK has seen an increase in value over the last year and is thus a great place to invest in real estate.

The median home cost in Elgin (zip 73538) is $247,100. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Elgin (zip 73538) is up 17.8%.

Average Age of Homes

- The median age of Elgin (zip 73538) real estate is 17 years old

The Rental Market in Elgin (zip 73538)

- Renters make up 24.4% of the Elgin (zip 73538) population
- 0.0% of houses and apartments in Elgin (zip 73538), 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	Elgin, Oklahoma	United States
	2,378.0	139,647,020.0
	17	42
	$247,100	$338,100
	17.8%	16.6%
	45.5%	57.0%
	34.4%	101.1%
	$9.72	$10.98
	$2,128	$2,690
	69.3%	57.4%
	7.0%	11.2%
	23.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	1.0%	0.4%
	0.8%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.0%	2.4%
	4.5%	2.8%
	2.7%	3.9%
	8.6%	4.5%
	13.7%	11.3%
	11.6%	13.0%
	36.3%	20.1%
	11.1%	13.6%
	3.4%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	3.0%	1.1%
Housing Units by Year Structure Built
	1.5%	0.2%
	14.2%	13.6%
	14.2%	13.6%
	13.2%	13.6%
	8.5%	13.2%
	10.9%	14.8%
	13.2%	13.6%
	3.3%	10.0%
	3.5%	4.7%
	1.5%	12.2%

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