$279K  
The Elkton market got positive news this week as sales climbed 33.3% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, close-by Harrisonburg reported 36 home sales, the highest number from all the surrounding cities. The median sales price rose to $250,450, and there are a fairly average four months of inventory left to be sold.
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Elkton is a city in Virginia. It's less affluent than average and the cost of living is less expensive compared to the rest of the state, with a median income of $43,929 per household and cost of living adjustment score of 94.4. With a median age of 48 years, homes in Elkton tend to be older than most. The top schools in the city are Elkton Elementary School and Elkton Middle School.
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$499K  
The Elkton market showed healthy signs in this week's report, as the number of sales went up to three homes sold over the last 30 days. At the same time, close-by Harrisonburg reported 35 home sales, the highest number from all the surrounding cities. The median sales price jumped to $219,000, up from last week's $131,000.
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$499K  
More sellers put their homes up for sale in the Elkton market over the last 30 days and the number of new listings spiked this week to five. Home sales remained unchanged from the prior period and once again one home was sold. The median sales price dropped dramatically to $131,000 over the latest reporting period for Elkton, down from $220,000. Elkton is a definite buyer's market, due to a big 18 months of inventory left and aided by the flat sales.
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$119K  
In this week's report, the number of homes sold in the Elkton market fell to one over the past 30 days, a decrease of 66.7% from last week's report. On the other hand, close-by Harrisonburg registered 42 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Elkton, and the median sales price this period increased from $136,300 to $220,000. Elkton is a solid buyer's market, thanks to a big 17 months of inventory to choose from and a pullback in sales.
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$169K  
The number of homes coming into the Elkton market rose to seven listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. Pricing in Elkton remains consistent from last week to this week, with the median sales price at $136,300 again.
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$224K  
Fewer sellers put their homes up for sale in the Elkton market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again three homes were sold. Pricing in Elkton remains consistent from last week to this week, with the median sales price at $136,300 again.
Comments:

Elkton is a larger than average city in Virginia with a population of 2,726 residents. Also, it has an average density with 897.3 people per square mile. Elkton is an area where most people own their homes, with an ownership ratio of 54.0%. The top schools in the city are Elkton Elementary School and Elkton Middle School.
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$134K  
Home sales in the Elkton market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 25.0% to three homes sold over the last 30 days. Within the same time frame, Harrisonburg had 38 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Elkton, and for this period the median sales price slid from $152,650 to $136,300. Elkton is a solid buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$275K  
There were three home sales in the Elkton market over the last 30 days, while coming close to the 3.3 monthly average for the last 12 months. Within the same time frame, Harrisonburg had 39 sales, the most of all cities in the area. The median sales price dropped to $169,000 over the latest reporting period for Elkton, down from $196,650. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning Elkton is still a strong buyer's market.
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