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Foreclosure Homes in Elkton, SD

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Elkton, SD Foreclosures

How much do homes sell for in Elkton, SD?
The average home price is currently $343,082.
In Elkton, SD, how many homes are available?
There are currently 2 active home listings available in Elkton.
What’s the average rental cost in Elkton, SD?
The average rental price in Elkton is $1,160.
What is the most expensive home in Elkton?
The most expensive home sold in Elkton had a price of $5,470,800.
What is currently the cheapest priced home in Elkton, SD?
The cheapest home for sale in Elkton is priced at $78,800.

Living in Elkton, SD

Elkton, SD, is a charming small town offering a close-knit community and a relaxed lifestyle. Residents enjoy access to outdoor activities and local amenities while being just a short drive from larger urban centers. With friendly neighbors and a welcoming feel, Elkton is perfect for families and individuals looking for a peaceful environment.

Current Market Conditions in Elkton, SD

The real estate market in Elkton has shown signs of stability, with modest price increases due to the limited inventory and increased interest in rural living. The current market is favorable for buyers looking for affordable homes, as the demand is growing in smaller towns with an appealing lifestyle.

Compared to other regions, Elkton presents an excellent opportunity for first-time home buyers and those looking to invest in rental properties. The steady growth in the community is attracting new residents and investors, keeping the market active.

Home Value Estimator For Elkton, SD

There are currently 526 real estate properties in Elkton, SD, with a median automated valuation model (AVM) price of $261,568.00. 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, SD, 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, SD, is $343,082.00, with the most expensive house in Elkton, SD, topping out at $5,470,800.00 and the cheapest home in Elkton, SD, clocking in at $78,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Elkton, SD!

Rent Prices In Elkton, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elkton, SD, is on a rollercoaster ride. The average rent price in Elkton, SD, is $1,160.00. Indeed, when looking to rent in Elkton, SD, you can expect to pay as little as $630.00 or as much as $2,540.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Elkton, SD -- 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, SD Foreclosures


Market Trend for Elkton, SD

Total Listings Available: 2

Market Values:

Home Prices from $78,800 to $5,470,800

Average Sales Price: $343,082

Rental Values:

Rental from $630 to $2,540

Average Rent Value: $1,160 / month

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