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Foreclosure Homes in Elkton, MI

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Elkton, MI Foreclosures

How much do homes sell for in Elkton, MI?
The average home price is currently $143,874.
In Elkton, MI, how many homes are available?
There are currently 6 active home listings available in Elkton.
What’s the average rental cost in Elkton, MI?
The average rental price in Elkton is $1,339.
What is the most expensive home in Elkton?
The most expensive home sold in Elkton had a price of $622,658.
What is currently the cheapest priced home in Elkton, MI?
The cheapest home for sale in Elkton is priced at $41,952.

Living in Elkton, MI

Elkton, MI is a quaint village known for its serene agricultural backdrop and tight-knit community. With local amenities including parks and shops, it's perfect for families and nature lovers alike. The area boasts good schools and easy access to outdoor activities, creating an inviting small-town atmosphere.

Current Market Conditions in Elkton, MI

The real estate market in Elkton has seen a steady demand, with a balanced mix of affordable homes and larger properties appealing to families and retirees. The village attracts buyers interested in a rural lifestyle while offering proximity to larger towns for work and amenities.

Trends in Elkton show an increasing interest in single-family homes, with an upswing in renovations and new constructions as more people seek homes that accommodate a blend of modern living and rural charm.

Home Value Estimator For Elkton, MI

There are currently 533 real estate properties in Elkton, MI, with a median automated valuation model (AVM) price of $127,865.00. 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, MI, 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, MI, is $143,874.00, with the most expensive house in Elkton, MI, topping out at $622,658.00 and the cheapest home in Elkton, MI, clocking in at $41,952.00. In other words, there’s something for every potential homebuyer or savvy investor in Elkton, MI!

Rent Prices In Elkton, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elkton, MI, is on a rollercoaster ride. The average rent price in Elkton, MI, is $1,339.00. Indeed, when looking to rent in Elkton, MI, you can expect to pay as little as $970.00 or as much as $1,790.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Elkton, MI -- 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.

Elkton, MI Foreclosures


Market Trend for Elkton, MI

Total Listings Available: 6

Market Values:

Home Prices from $41,952 to $622,658

Average Sales Price: $143,874

Rental Values:

Rental from $970 to $1,790

Average Rent Value: $1,339 / month

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