Elkton Real Estate Market Sees Home Sales Decline

The Elkton market slowed with a 9.5% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 23.2 monthly average with 19 homes sold. On the other hand, close-by Middletown registered 32 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Elkton, and this period the median price of all sales fell from $156,982 to $145,000. Elkton is a strong buyer's market, due to a big eight months of inventory left and aided by the dip in sales.

Trying to find a more traditional home in Elkton? Then check out these listings that were built before most others in the market:

$199K   $799K   $180K  

Get started right now by checking out Elkton homes for sale or reviewing Elkton real estate trends.

Demographic facts for Elkton:

  • The rating for this area for population growth is 70. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 103.8 per 100,000 people.
  • This area has a health cost index score of 105.5. (100 = national average)
  • Residents who travel to work by car account for 79.7% of all commuters, while carpools account for 14.2%, and public transit makes up 1.0%.

Data reported through 10/19/2016

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