The housing market in Elkton, KY is thriving with a median value of $145,200. This is significantly lower than the US median house value of $338,100 and demonstrates the affordability of homes in Elkton. Additionally, the 1 year house appreciation rate in Elkton is 16.85%, which is significantly higher than the US average of 8.27%. This strong growth indicates that it could be a great time to invest or purchase property in Elkton.
The median home cost in Elkton is $145,200. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Elkton is up 22.7%.
Average Age of Homes
- The median age of Elkton real estate is 45 years old
The Rental Market in Elkton
- Renters make up 35.1% of the Elkton population
- 5.5% of houses and apartments in Elkton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.