A typical Elkridge home is worth about $481,000
Down 0.8% in a year, 12% above the Maryland typical home. Homes typically sell in 19 days, a little above asking.
What kind of housing town is Elkridge?
Read from the numbers below. The page puts what stands out first.
A seller's market
Supply is tight — about 2.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
62% of Elkridge households own their home
Half of Elkridge’s homes were built before 2006.
Maryland: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Up 12.9% in five years
About the same pace as Maryland (13.5%).
Show as a table
| January | Elkridge | Maryland |
|---|---|---|
| 2017 | $352,000 | $290,000 |
| 2018 | $358,000 | $301,000 |
| 2019 | $365,000 | $310,000 |
| 2020 | $374,000 | $322,000 |
| 2021 | $396,000 | $349,000 |
| 2022 | $437,000 | $384,000 |
| 2023 | $455,000 | $398,000 |
| 2024 | $469,000 | $412,000 |
| 2025 | $488,000 | $427,000 |
| 2026 | $484,000 | $429,000 |
| August 2026 | $481,000 | $428,000 |
A typical Elkridge home worth $349K in September 2016 is worth about $481K today.
How Elkridge ranks on rising home prices →
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 3.4 years of income
Less than across Maryland (4.1 years). Try your own numbers below.
That covers a typical Elkridge home, with $45K to spare.
A two-bedroom rents for about $2,440 a month here, $550 less than owning.
How Elkridge ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Elkridge’s typical property tax (1.16% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $2,440
Renters already here pay a median of $2,295.
Fair Market Rent a month, utilities included
How Elkridge ranks on rent that’s easy to afford →
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Baltimore-Columbia-Towson, MD MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Elkridge vs. its neighbors
Elkridge is the 2nd least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Elkridge buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.