New Growth in Home Sales for Elkton Real Estate Market

The Elkton market is currently in the middle of a pronounced upward sales trend, even as sales remained flat at one home sold over the last 30 days. The median sales price of all transactions in Elkton did not budge this week, remaining at $127,000. With only three months of inventory to sell, Elkton is a seller's market, in spite of the flat sales.

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Demographic facts about Elkton:

  • This area has a median house value of $137,600.
  • This area usually gets 120 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 4.7%.
  • The student-to-teacher ratio is 14.4:1. (15.3:1 = national average)

Data reported through 10/19/2016

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