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Advertise here →Elk City, OK · Market Data
Elk City, Oklahoma real estate market data.
Real estate market data for Elk City, OK (Beckham County) — Census median home value $165,300, county listing prices up about 1.0% over the past year.
Elk City, OK is in Beckham County, Oklahoma — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 11,406, with a median household income of $49,500. Census data puts Elk City's median home value at $165,300.
At a glance
Elk City market snapshot
Population
11,406
Median Household Income
$49,500
Median Home Value (city)
$165,300
Median Gross Rent
$850/mo
Price Trend (YoY)
+1.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Elk City different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Elk City's median home value — across all owner-occupied homes, not just recent sales — at $165,300.
County Price Trend
Beckham County's FHFA house price index shows a 1.01% annual change in 2025.
Population & Income
Elk City has an estimated population of 11,406 and a median household income of $49,500, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Elk City's Census-reported median home value works out to about 3.3x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Elk City FAQ
What are home values like in Elk City, OK?
The Census Bureau's American Community Survey puts Elk City's median home value at $165,300.
What is the population of Elk City, OK?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Elk City's population at approximately 11,406.
What's the median rent in Elk City, OK?
The Census ACS estimates median gross rent in Elk City at approximately $850 per month.
What is the median household income in Elk City, OK?
Census ACS data puts the median household income in Elk City at approximately $49,500.
Is the Elk City housing market growing?
Beckham County's FHFA house price index shows a 1.01% annual change in 2025.
Is Elk City, OK affordable relative to income?
Census ACS data puts Elk City's median home value at about 3.3 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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