Elkton, MN Foreclosures
How much do homes sell for in Elkton, MN?
The average home price is currently $450,105.
What’s the average rental cost in Elkton, MN?
The average rental price in Elkton is $1,409.
What is the most expensive home in Elkton?
The most expensive home sold in Elkton had a price of $3,603,957.
What is currently the cheapest priced home in Elkton, MN?
The cheapest home for sale in Elkton is priced at $39,001.
Living in Elkton, MN
Elkton is a small, welcoming community in Minnesota known for its quiet lifestyle and beautiful natural surroundings. It offers a variety of local amenities, parks, and a safe environment for families. Residents enjoy a mix of outdoor activities and local events throughout the year.
Current Market Conditions in Elkton, MN
The real estate market in Elkton, MN, has been stable over the past few months, with a slight increase in home values. The demand for homes remains strong, particularly among first-time buyers and those looking for a quieter place to live outside of larger cities.
Current trends indicate a growing interest in rural areas like Elkton, with many buyers seeking more space and a connection to nature. As remote work becomes more common, the appeal of smaller towns is rising.
Home Value Estimator For Elkton, MN
There are currently 113 real estate properties
in Elkton, MN,
with a median automated valuation model (AVM) price
of $252,654.00. 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, MN, 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, MN,
is $450,105.00, with the most expensive house
in Elkton, MN, topping out
at $3,603,957.00 and the cheapest home
in Elkton, MN,
clocking in at $39,001.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elkton, MN!
Rent Prices
In Elkton, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elkton, MN, is on
a rollercoaster ride. The
average rent price in Elkton, MN,
is $1,409.00. Indeed, when looking to rent in
Elkton, MN, you can expect to pay as little
as $620.00 or as much
as $2,440.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Elkton, MN
-- 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.
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