The housing market in Elkton, TN is doing better than average compared to the rest of the United States. The median value for a house in Elkton, TN is $126,900, while the US median value for a house is $338,100. Additionally, while the US had an appreciation of 8.27% last year in terms of house values, Elkton saw an appreciation rate of 19.43%, more than double the national rate. This suggests that the housing market in Elkton is strong and growing rapidly.
The median home cost in Elkton is $126,900. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Elkton is up 26.6%.
Average Age of Homes
- The median age of Elkton real estate is 43 years old
The Rental Market in Elkton
- Renters make up 20.7% 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.