Home prices
The median home in Elgin is valued at $80,000. Compared to its nearby areas it is roughly $28,460 (26%) lower.It is about $137,500 (63%) lower in comparison to the entire country, and in comparison to the city of Knoxville is roughly $56,300 (41%) lower.
Rents
Elgin's median monthly rent is $576. This is about $47 (8%) higher in comparison to its nearby areas.It is about $486 (45%) lower in comparison to the rest of the nation, and compared to the city of Knoxville it is roughly $269 (31%) lower.
Nearby places
Sunbright
Sunbright is about 7 miles southwest of Elgin. Housing prices there are somewhat more expensive. The value of the median home in Sunbright is $103,400, which is $23,400 (22%) higher than Elgin. Its rents are somewhat more expensive. In Sunbright the median monthly rent is $615, which works out to $39 (6%) higher than Elgin.
Helenwood
Helenwood is approximately 7 miles north from Elgin. Its housing prices are somewhat less expensive. The median home in Helenwood is valued at $68,200, which is $11,800 (17%) lower than Elgin. Rents there are somewhat less expensive. Helenwood's median monthly rent is $502, which works out to $74 (14%) lower than Elgin.
Huntsville
Huntsville is roughly 7 miles northeast from Elgin. The real estate prices there are substantially more expensive. The cost of the median home in Huntsville is $120,700, which works out to $40,700 (33%) higher than Elgin. Rents there are significantly less expensive. In Huntsville the median rent is $427 per month, which comes out to $149 (34%) lower than Elgin.
Allardt
Allardt is about 13 miles west from Elgin. Housing prices there are substantially more expensive. The median home in Allardt is valued at $139,800, which is $59,800 (42%) higher than Elgin. Rents there are a little more expensive. In Allardt the median rent is $630 a month, which is $54 (8%) higher than Elgin.
Oneida
Oneida is about 14 miles north from Elgin. Its housing prices are a little more expensive. Oneida's median home price is $110,200, which is $30,200 (27%) higher than Elgin. The rent there is a little less expensive. Oneida's median monthly rent is $470, which works out to $106 (22%) lower than Elgin.
