The housing market in 73644 Elk City, OK is quite strong. The median value of a house is $148,700, which is significantly lower than the US median value of $338,100. However, despite being lower than the national average, it has had greater appreciation over the past year. The US house appreciation rate over 1 year was 8.27%, while the house appreciation in Elk City was 13.34%. This demonstrates that the housing market in this area is relatively resilient and might present good opportunities for those looking to buy or invest in a property.
The median home cost in Elk City (zip 73644) is $148,700. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Elk City (zip 73644) is up 14.5%.
Average Age of Homes
- The median age of Elk City (zip 73644) real estate is 36 years old
The Rental Market in Elk City (zip 73644)
- Renters make up 30.4% of the Elk City (zip 73644) population
- 7.8% of houses and apartments in Elk City (zip 73644), 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.