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 16 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, VA, is a picturesque small town in the Shenandoah Valley, offering a serene lifestyle complemented by beautiful nature and a strong community spirit. With various amenities and recreational activities, it’s an attractive place for families and individuals looking for a peaceful retreat. The town's rich history and community events enhance its charm, making it a wonderful place to call home.
Current Market Conditions in Elkton, VA
The real estate market in Elkton, VA, has demonstrated stability over the past few months, with a moderate increase in home prices and a steady demand for properties. Buyers are increasingly interested in the town due to its affordable options combined with its scenic beauty and community amenities. Overall, the market reflects a healthy balance between supply and demand, creating opportunities for both buyers and sellers.
As of the last quarter, the Elkton area has seen a slight uptick in property values, driven by increased interest from families and individuals looking for more space and a quiet community. The market is competitive, with homes generally selling within a few months of being listed, especially those that are well-maintained and located in desirable neighborhoods.
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
