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Short Sale Listings in Elk City, OK

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Elk City, OK Foreclosures

How much do homes sell for in Elk City, OK?
The average home price is currently $191,903.
In Elk City, OK, how many homes are available?
There are currently 1 active home listings available in Elk City.
What’s the average rental cost in Elk City, OK?
The average rental price in Elk City is $1,104.
What is the most expensive home in Elk City?
The most expensive home sold in Elk City had a price of $5,049,000.
What is currently the cheapest priced home in Elk City, OK?
The cheapest home for sale in Elk City is priced at $10,514.

Living in Elk City, OK

Elk City, Oklahoma, is a picturesque small town that offers a mix of community spirit and modern convenience. With its low cost of living, abundant amenities, and rich local culture, it presents an ideal setting for families and retirees alike. Outdoor enthusiasts will appreciate the natural beauty surrounding Elk City, providing ample opportunities for recreation.

Current Market Conditions in Elk City, OK

Currently, Elk City is experiencing a stable real estate market with moderate growth. The demand for homes has increased slightly over the past year, leading to a gradual rise in home prices. Many buyers are attracted to the area due to its affordability compared to larger cities, along with its charming community atmosphere.

The inventory of homes for sale has tightened, resulting in multiple offers on desirable properties. Additionally, the market is characterized by a mix of traditional family homes and newer developments, catering to diverse buyer preferences.

Home Value Estimator For Elk City, OK

There are currently 4,780 real estate properties in Elk City, OK, with a median automated valuation model (AVM) price of $159,776.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elk City, OK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elk City, OK, is $191,903.00, with the most expensive house in Elk City, OK, topping out at $5,049,000.00 and the cheapest home in Elk City, OK, clocking in at $10,514.00. In other words, there’s something for every potential homebuyer or savvy investor in Elk City, OK!

Rent Prices In Elk City, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elk City, OK, is on a rollercoaster ride. The average rent price in Elk City, OK, is $1,104.00. Indeed, when looking to rent in Elk City, OK, you can expect to pay as little as $440.00 or as much as $2,520.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Elk City, OK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elk City, OK Short Sale Listings

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