Elkton, VA Foreclosures
How much do homes sell for in Elkton, VA?
The average home price is currently $351,060.
In Elkton, VA, how many homes are available?
There are currently 3 active home listings available in Elkton.
What’s the average rental cost in Elkton, VA?
The average rental price in Elkton is $1,206.
What is the most expensive home in Elkton?
The most expensive home sold in Elkton had a price of $3,729,900.
What is currently the cheapest priced home in Elkton, VA?
The cheapest home for sale in Elkton is priced at $12,702.
Living in Elkton, VA
Elkton is a charming town located in the scenic Shenandoah Valley, known for its picturesque landscapes and friendly community. Residents enjoy a mix of rural and small-town living with easy access to outdoor activities, including hiking, fishing, and camping in the nearby natural parks. With a rich local history and vibrant downtown area, Elkton offers a unique and welcoming atmosphere for families and individuals alike.
Current Market Conditions in Elkton, VA
The Elkton real estate market has shown promising growth, with an increasing number of buyers looking to settle in the area due to its affordable housing and scenic views. Various factors are driving this demand, including the town's attractive lifestyle, good schools, and access to outdoor activities. Properties in Elkton tend to sell quickly, reflecting the town's popularity among families and individuals alike. As such, home values have seen a steady increase over the past year, indicating strong market confidence.
Recent trends indicate a rise in home renovations, with many homeowners investing in upgrades to increase property value and enhance their living experience. This shift towards improving existing homes, combined with the town's quaint charm, makes Elkton a competitive market for those looking to buy or invest.
Home Value Estimator For Elkton, VA
There are currently 4,004 real estate properties
in Elkton, VA,
with a median automated valuation model (AVM) price
of $304,097.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elkton, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Elkton, VA,
is $351,060.00, with the most expensive house
in Elkton, VA, topping out
at $3,729,900.00 and the cheapest home
in Elkton, VA,
clocking in at $12,702.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elkton, VA!
Rent Prices
In Elkton, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elkton, VA, is on
a rollercoaster ride. The
average rent price in Elkton, VA,
is $1,206.00. Indeed, when looking to rent in
Elkton, VA, you can expect to pay as little
as $570.00 or as much
as $2,980.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Elkton, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
