What is the median home value in Elk City, OK?
The median value of owner-occupied homes in Elk City, OK is $150,400 (±$16,761), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Elk City, the median home value went from $155,600 in 2015–2019 to $150,400 in 2020–2024 (−3.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median home value
- $150,400 (±$16,761)
- Owner-occupied homes
- 3,198 (±303)
- Most common range
- $100,000 to $149,999
Home values in Elk City
| Value | Elk City | Beckham County | Oklahoma | United States |
|---|---|---|---|---|
| Less than $50,000 | 8.8% (±4.4 points) | 15.0% | 8.6% | 5.3% |
| $50,000 to $99,999 | 15.6% (±5.5 points) | 15.9% | 12.5% | 6.1% |
| $100,000 to $149,999 | 25.5% (±7.5 points) | 20.8% | 13.3% | 6.8% |
| $150,000 to $199,999 | 18.3% (±4.9 points) | 16.5% | 15.7% | 9.0% |
| $200,000 to $299,999 | 22.6% (±6.6 points) | 18.3% | 23.5% | 17.8% |
| $300,000 to $499,999 | 6.2% (±3.8 points) | 8.2% | 18.5% | 26.9% |
| $500,000 to $999,999 | 1.7% (±2.0 points) | 2.9% | 6.5% | 20.9% |
| $1,000,000 or more | 1.4% (±1.9 points) | 2.4% | 1.4% | 7.1% |
The most common range is $100,000 to $149,999, 25.5% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Elk City against Beckham County, its state and the nation
| Elk City | Beckham County | Oklahoma | United States | |
|---|---|---|---|---|
| Median home value | $150,400 (±$16,761) | $143,500 (±$16,693) | $199,800 (±$1,121) | $332,700 |
| Owner-occupied homes | 3,198 (±303) | 5,554 (±339) | 1,027,837 (±4,261) | 84,210,142 |
In Elk City, the median home value is not measurably different from Beckham County ($143,500).
It is also lower than in Oklahoma ($199,800).
It is lower than the national figure ($332,700).
In Beckham County, Elk City ranks 2 of 6 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 158 of 570.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Elk City have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $155,600 (±$10,694) | $150,400 (±$16,761) | −3.3% | Down after inflation |
| Median owner cost with a mortgage | $1,274 (±$126) | $1,172 (±$94) | −8.0% | Down after inflation |
| Median real estate taxes | $946 (±$182) | $1,357 (±$135) | +43.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Elk City
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Elk City | — | $150,400 (±$16,761) | — |
| Canute | 8.8 mi | $99,000 (±$41,661) | Lower |
| Carter | 13 mi | $80,000 (±$38,759) | Lower |
| Sayre | 13 mi | $77,400 (±$40,746) | Lower |
| Burns Flat | 14 mi | $106,600 (±$7,136) | Lower |
| Foss | 15 mi | $82,800 (±$26,087) | Lower |
| Hammon | 17 mi | $83,800 (±$23,312) | Lower |
| Dill City | 18 mi | $47,500 (±$24,456) | Lower |
| Cheyenne | 21 mi | $107,800 (±$9,735) | Lower |
Nearby places with a measurably lower figure: Canute, OK ($99,000), Carter, OK ($80,000), Sayre, OK ($77,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Beckham County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Texola | $335,700 (±$160,249) |
| 2 | Elk City | $150,400 (±$16,761) |
| 3 | Sweetwater | $106,900 (±$8,514) |
| 4 | Erick | $82,300 (±$16,771) |
| 5 | Carter | $80,000 (±$38,759) |
| 6 | Sayre | $77,400 (±$40,746) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Elk City
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Elk City beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Elk City, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Elk City, and send estimates and invoices from your phone.
Questions about Elk City
What is the average home value in Elk City, OK?
The Census Bureau publishes the median: $150,400 (±$16,761) for owner-occupied homes in Elk City (2020–2024 American Community Survey).
Have home values in Elk City gone up?
In Elk City, the median home value went from $155,600 in 2015–2019 to $150,400 in 2020–2024 (−3.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Is this what homes in Elk City sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elk City city, Oklahoma
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Elk City city, Oklahoma
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Elk City city, Oklahoma
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Elk City city, Oklahoma
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elk City city, Oklahoma (place:23500, in state:40).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Elk City at a glance
- Median rent in Elk City
- Rent by bedrooms in Elk City
- Rent burden in Elk City
- Renters and owners in Elk City
- Income and affordability in Elk City
- Homeowner costs in Elk City
- Property taxes in Elk City
- Types of homes in Elk City
- Bedrooms in Elk City
- Age of homes in Elk City
- Vacancy rate in Elk City
- Heating fuel in Elk City
- Commute and cars in Elk City
- Crime reported to police in Elk City
- Population growth in Elk City
- How long people stay in Elk City
- Crowding and facilities in Elk City
- Oklahoma landlord and tenant rules
- Housing across Beckham County
- Oklahoma places ranked by median home value
- Housing data for every place in Oklahoma