Home prices
The cost of the median home in Elk Park is $98,500. This is about $116,400 (54%) lower compared to nearby areas.It is about $119,000 (54%) lower compared to the United States as a whole, and in comparison to the city of Asheville it is roughly $171,900 (63%) lower.
Rents
In Elk Park the median monthly rent is $575. Compared to its surrounding areas it is approximately $293 (33%) lower.Compared to the nation as a whole it is about $487 (45%) lower, and it is roughly $468 (44%) lower in comparison to the city of Asheville.
Nearby places
Roan Mountain
Roan Mountain is roughly 4 miles northwest of Elk Park. Its real estate prices are a little more expensive. The price of the median home in Roan Mountain is $129,000, which comes out to $30,500 (23%) higher than Elk Park. Rent there is somewhat more expensive. The median monthly rent in Roan Mountain is $756, which is $181 (23%) higher than Elk Park.
Banner Elk
Banner Elk is about 5 miles east from Elk Park. Its real estate prices are significantly more expensive. The median home price in Banner Elk is $311,600, which works out to $213,100 (68%) higher than Elk Park. The rent there is a little more expensive. In Banner Elk the median monthly rent is $813, which comes out to $238 (29%) higher than Elk Park.
Newland
Newland is about 5 miles southeast of Elk Park. Its housing prices are somewhat more expensive. Newland's median home price is $143,800, which comes out to $45,300 (31%) higher than Elk Park. The rent there is somewhat more expensive. In Newland the median monthly rent is $667, which comes out to $92 (13%) higher than Elk Park.
Beech Mountain
Beech Mountain is about 5 miles northeast of Elk Park. Its real estate prices are significantly more expensive. The median home in Beech Mountain costs $257,800, which works out to $159,300 (61%) higher than Elk Park. Rents there are significantly more expensive. The median rent in Beech Mountain is $1,141 a month, which works out to $566 (49%) higher than Elk Park.
Sugar Mountain
Sugar Mountain is about 6 miles east from Elk Park. Housing prices there are a lot more expensive. Sugar Mountain's median home cost is $232,300, which works out to $133,800 (57%) higher than Elk Park. Its rents are substantially more expensive. Sugar Mountain's median monthly rent is $963, which is $388 (40%) higher than Elk Park.
