Home prices
The value of the median home in Elma is $167,900. It is about $31,920 (15%) lower in comparison to its surrounding areas.Compared to the entire country it is roughly $49,600 (22%) lower, and is roughly $495,200 (74%) lower in comparison to the city of Seattle.
Rents
The median monthly rent in Elma is $608. In comparison to its nearby areas this is about $273 (30%) lower.It is about $454 (42%) lower in comparison to the United States as a whole, and compared to the city of Seattle is approximately $1,006 (62%) lower.
Nearby places
Satsop
Satsop is Elma's neighbor to the west. Its housing prices are significantly more expensive. Satsop's median home cost is $276,700, which comes out to $108,800 (39%) higher than Elma. Rents there are substantially more expensive. The median monthly rent in Satsop is $1,013, which works out to $405 (39%) higher than Elma.
McCleary
McCleary is roughly 6 miles northeast of Elma. The housing prices there are fairly similar. McCleary's median home value is $164,700, which comes out to $3,200 (1%) lower than Elma. Rents there are a lot more expensive. The median rent in McCleary is $955 a month, which comes out to $347 (36%) higher than Elma.
Montesano
Montesano is roughly 6 miles west of Elma. Real estate prices there are a bit more expensive. The median home in Montesano is valued at $204,100, which works out to $36,200 (17%) higher than Elma. The rent there is a little more expensive. In Montesano the median monthly rent is $834, which is $226 (27%) higher than Elma.
Central Park
Central Park is approximately 11 miles west of Elma. Its real estate prices are a little more expensive. The cost of the median home in Central Park is $222,000, which comes out to $54,100 (24%) higher than Elma. The rent there is a little more expensive. Central Park's median rent is $814 a month, which comes out to $206 (25%) higher than Elma.
Oakville
Oakville is about 12 miles southeast from Elma. Housing prices there are somewhat less expensive. Oakville's median home value is $131,600, which comes out to $36,300 (27%) lower than Elma. The rent there is a bit more expensive. In Oakville the median monthly rent is $789, which comes out to $181 (22%) higher than Elma.
