Zip 22827 (Elkton, VA) Housing

Housing in 22827 Elkton, VA is a great investment for potential homeowners. The median value of homes there is $241,800, which is much lower than the US median value of $338,100. Additionally, the 1 year appreciation rate of homes in Elkton is 19.13%, compared to the 8.27% appreciation rate across the US. This makes buying a home in Elkton an attractive option for those looking to invest in property.

The median home cost in Elkton (zip 22827) is $241,800. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Elkton (zip 22827) is up 14.3%.

Average Age of Homes

- The median age of Elkton (zip 22827) real estate is 41 years old

The Rental Market in Elkton (zip 22827)

- Renters make up 15.9% of the Elkton (zip 22827) population
- 0.0% of houses and apartments in Elkton (zip 22827), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elkton, Virginia	United States
	4,762.0	139,647,020.0
	43	42
	$241,800	$338,100
	14.3%	16.6%
	46.6%	57.0%
	61.3%	101.1%
	$6.23	$10.98
	$1,190	$2,690
	72.3%	57.4%
	8.1%	11.2%
	19.6%	31.4%
Vacant Housing
	0.0%	1.9%
	1.1%	0.4%
	0.8%	0.7%
	0.7%	0.4%
	2.7%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	7.1%	2.6%
	6.0%	2.4%
	1.1%	2.8%
	3.1%	3.9%
	2.2%	4.5%
	11.9%	11.3%
	22.4%	13.0%
	26.8%	20.1%
	8.9%	13.6%
	7.6%	8.3%
	1.0%	9.7%
	1.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.0%	13.6%
	13.0%	13.6%
	13.7%	13.6%
	17.4%	13.2%
	18.3%	14.8%
	13.7%	13.6%
	11.2%	10.0%
	5.8%	4.7%
	9.0%	12.2%

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