Median real estate price in the City Center of Elk City is $135,526, which is more expensive than 69.6% of the neighborhoods in Oklahoma and 32.2% of the neighborhoods in the U.S.
The average rental price in Elk City City Center is currently $935, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.6% of the neighborhoods in Oklahoma.
Elk City City Center is a suburban neighborhood (based on population density) located in Elk City, Oklahoma.
Real estate in the City Center of Elk City, OK is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Elk City City Center. The current real estate vacancy rate here is 20.4%. This is higher than the rate of vacancies in 85.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.