Home prices
The median home in Elm City is valued at $82,100. In comparison to its nearby areas it is approximately $20,520 (19%) lower.It is roughly $135,400 (62%) lower compared to the country as a whole, and compared to the city of Raleigh is about $166,200 (66%) lower.
Rents
Elm City's median rent is $638 per month. Compared to nearby areas it is roughly $64 (9%) lower.It is about $424 (39%) lower compared to the country as a whole, and compared to the city of Raleigh it is roughly $483 (43%) lower.
Nearby places
Sharpsburg
Sharpsburg is roughly 4 miles north from Elm City. Real estate prices there are pretty similar. The median home in Sharpsburg is valued at $83,000, which comes out to $900 (1%) higher than Elm City. Rents there are a little more expensive. The median monthly rent in Sharpsburg is $764, which is $126 (16%) higher than Elm City.
Wilson
Wilson is roughly 6 miles southwest from Elm City. The real estate prices there are a lot more expensive. Wilson's median home cost is $142,700, which comes out to $60,600 (42%) higher than Elm City. The rent there is a little more expensive. In Wilson the median rent is $762 a month, which is $124 (16%) higher than Elm City.
Sims
Sims is roughly 10 miles west of Elm City. Its real estate prices are substantially more expensive. The cost of the median home in Sims is $143,600, which comes out to $61,500 (42%) higher than Elm City. Its rents are somewhat more expensive. In Sims the median rent is $765 per month, which works out to $127 (16%) higher than Elm City.
Macclesfield
Macclesfield is approximately 10 miles southeast of Elm City. Its real estate prices are a little less expensive. The median home in Macclesfield costs $77,000, which works out to $5,100 (6%) lower than Elm City. The rent there is pretty similar. The median monthly rent in Macclesfield is $634, which is very similar to Elm City.
Pinetops
Pinetops is roughly 11 miles east of Elm City. Housing prices there are a bit less expensive. Pinetops's median home price is $66,800, which is $15,300 (22%) lower than Elm City. The rent there is a little less expensive. In Pinetops the median monthly rent is $583, which is $55 (9%) lower than Elm City.
