Elkton, MN is a small town located in Minnesota with a housing market that is highly affordable compared to the rest of the country. The median value of homes in Elkton is $196,200, which is significantly cheaper than the US median value of $338,100. Although the US housing market has grown 8.27% over the past year, Elkton's growth has been slightly lower at 6.78%. With its reasonable prices and moderate appreciation rate, Elkton offers an excellent opportunity for home ownership and investment.
The median home cost in Elkton is $196,200. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Elkton is up 11.4%.
Average Age of Homes
- The median age of Elkton real estate is 54 years old
The Rental Market in Elkton
- Renters make up 21.7% of the Elkton population
- 0.0% 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.