Home prices
The value of the median home in Oak Creek is $231,200. Compared to its nearby areas this is about $32,860 (16%) higher.Compared to the entire nation it is roughly $13,700 (6%) higher, and compared to the city of Chicago it is roughly $26,800 (10%) lower.
Rents
The median monthly rent in Oak Creek is $1,063. This is about $145 (15%) higher compared to its surrounding areas.In comparison to the entire nation it is is very similar, and it is about $49 (4%) lower in comparison to the city of Chicago.
Nearby places
South Milwaukee
South Milwaukee is Oak Creek's neighbor to the northeast. Its housing prices are substantially less expensive. The median home in South Milwaukee is valued at $162,000, which works out to $69,200 (42%) lower than Oak Creek. The rent there is somewhat less expensive. The median rent in South Milwaukee is $838 a month, which works out to $225 (26%) lower than Oak Creek.
Cudahy
Cudahy is Oak Creek's neighbor to the north. Its housing prices are significantly less expensive. The median home in Cudahy is valued at $152,900, which comes out to $78,300 (51%) lower than Oak Creek. Its rents are a bit less expensive. Cudahy's median monthly rent is $815, which comes out to $248 (30%) lower than Oak Creek.
Franklin
Franklin is Oak Creek's neighbor to the west. The real estate prices there are somewhat more expensive. The price of the median home in Franklin is $251,400, which works out to $20,200 (8%) higher than Oak Creek. The rent there is pretty similar. Franklin's median rent is $1,066 per month, which is very similar to Oak Creek.
Caledonia
Caledonia is Oak Creek's neighbor to the south. Housing prices there are a little less expensive. The cost of the median home in Caledonia is $208,600, which works out to $22,600 (10%) lower than Oak Creek. The rent there is a little less expensive. In Caledonia the median monthly rent is $917, which is $146 (15%) lower than Oak Creek.
Greendale
Greendale is roughly 5 miles northwest from Oak Creek. Housing prices there are a little less expensive. Greendale's median home value is $216,800, which works out to $14,400 (6%) lower than Oak Creek. Rents there are a bit less expensive. The median rent in Greendale is $955 per month, which is $108 (11%) lower than Oak Creek.
