Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Elk Park area can be challenging. Home prices in Elk Park are now at a median cost of $135,072, lower than the North Carolina average of $226,477.
The average cost of rent is $676/mo in Elk Park, primarily driven by the current value of real estate in the Elk Park area. While nearly 64.50% of residents own their homes outright in Elk Park, 16.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Elk Park is $3,381 per month. Households that rent pay about 20.01% of their income on rent here. Elk Park's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Heaton, NC: less expensive homes
- Cranberry, NC: equally priced homes
- Poga, TN: less expensive homes
- Beech Mountain, NC: higher priced homes
- Sugar Mountain, NC: higher priced homes
- Roan Mountain, TN: less expensive homes
- Norwood Hollow, NC: higher priced homes
- Banner Elk, NC: higher priced homes
- Roaring Creek, NC: higher priced homes
- Grandfather, NC: higher priced homes
Cities with Similar Populations
- Woodsboro, TX: less expensive homes
- Startzville, TX: higher priced homes
- Stoneboro, PA: equally priced homes
- The Plains, VA: higher priced homes
- Thorndale, TX: equally priced homes
- Fairfield, VA: higher priced homes
- Erie, IL: equally priced homes
- Cusseta, AL: higher priced homes
- Corydon, IA: less expensive homes
- Webster Springs, WV: less expensive homes
All Local Stats
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