The housing market in 42220 Elkton, KY is thriving. The median value of a house in this area is $148,500, compared to the US median value of $338,100. Over the past year, US homes have appreciated by 8.27%, but in Elkton they have appreciated by a whopping 16.85%. This appreciation rate shows that Elkton is a desirable place to live and invest in real estate. The strong demand for housing shows that it's a great place to call home.
The median home cost in Elkton (zip 42220) is $148,500. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Elkton (zip 42220) is up 22.7%.
Average Age of Homes
- The median age of Elkton (zip 42220) real estate is 44 years old
The Rental Market in Elkton (zip 42220)
- Renters make up 20.8% of the Elkton (zip 42220) population
- 1.9% of houses and apartments in Elkton (zip 42220), 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.