Elk City, OK Home Values & Market Trends
Real estate market trends reflect that there have been 237 transactions over the past year in Elk City. The median value for residential home transactions that occurred over the previous year is $148,344.95. The number of current listings in Elk City is 41, and the percentage of properties for sale in the city is 41.00%. Elk City, OK currently has 7 properties in foreclosure, 7 bank owned properties, 0 properties headed for auction, and 41 properties for sale.
Elk City, OK Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 73644 | $ 195,164 $ 118/sqft |
Housing Market Summary for Elk City, OK
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $178K | $154.1K | -13.45% |
| Median Sold Price | $165.1K | $154.1K | -6.72% |
| Homes For Sale | 61 | 45 | -26.23% |
| Homes Sold | 88 | 106 | 20.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elk City, OK
Browse Homes in Elk City, OK
Elk City home values range from $17,770 to $2,923,437. The median estimated value of a home in Elk City is $148,344.95. The median list price of a home is 205,000, and the total count of properties in the city is 4,742.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Elk City, OK with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elk City, OK; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elk City, OK ranges from the highest value of $161,126 in 73644 to the lowest value of $49,900 in 73644. Bank owned homes and properties account for 0.15% of properties in Elk City, OK. There is 1 zips within Elk City, OK; 73644 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Elk City, OK. Auction homes and other auction properties account for 0% of all properties in Elk City, OK. There is 1 zips within Elk City, OK; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
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Guide for Elk City, OK
Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.
Oklahoma City real estate showcases strong growth, with rising property values, stable transactions, and a robust market.
The Tulsa real estate market showcases modest fluctuations in property values, with notable seasonal influences. Sold price per square foot remains fairly stable, and neighboring cities generally exhibit higher property values. While factors like economic conditions and local developments play a role, understanding this market requires deeper investigation.