Home prices
Nicoma Park's median home price is $109,800. In comparison to other places in this area this is approximately $35,740 (24%) lower.Compared to the US as a whole it is approximately $107,700 (49%) lower, and compared to the city of Oklahoma City it is roughly $48,700 (30%) lower.
Rents
The median monthly rent in Nicoma Park is $868. Compared to other places in this area it is is very similar.In comparison to the nation as a whole it is roughly $194 (18%) lower, and compared to the city of Oklahoma City is is very similar.
Nearby places
Spencer
Spencer is Nicoma Park's neighbor to the northwest. Housing prices there are a lot less expensive. The price of the median home in Spencer is $80,700, which comes out to $29,100 (36%) lower than Nicoma Park. The rent there is somewhat less expensive. The median monthly rent in Spencer is $761, which is $107 (14%) lower than Nicoma Park.
Choctaw
Choctaw is Nicoma Park's neighbor to the east. Real estate prices there are a lot more expensive. The median home in Choctaw is valued at $178,600, which is $68,800 (38%) higher than Nicoma Park. Its rents are a bit more expensive. Choctaw's median monthly rent is $938, which works out to $70 (7%) higher than Nicoma Park.
Midwest City
Midwest City is Nicoma Park's neighbor to the southwest. Its housing prices are fairly similar. Midwest City's median home value is $113,400, which comes out to $3,600 (3%) higher than Nicoma Park. Rents there are fairly similar. The median monthly rent in Midwest City is $867, which is very similar to Nicoma Park.
Jones
Jones is about 5 miles north from Nicoma Park. Real estate prices there are somewhat more expensive. The median home in Jones costs $132,300, which works out to $22,500 (17%) higher than Nicoma Park. The rent there is somewhat less expensive. In Jones the median monthly rent is $745, which works out to $123 (16%) lower than Nicoma Park.
Forest Park
Forest Park is about 6 miles west from Nicoma Park. Housing prices there are substantially more expensive. The median home in Forest Park is valued at $222,700, which comes out to $112,900 (50%) higher than Nicoma Park. The rent there is somewhat more expensive. In Forest Park the median monthly rent is $1,054, which comes out to $186 (17%) higher than Nicoma Park.
