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Housing in Elkton

A typical Elkton home is worth roughly $203,000

Home prices around Elkton have risen about 67% over the past 5 years. No new homes were permitted in 2025.

Typical home value
$203K
▲ 3.3% in a year · TN $334K
Estimate
2-bedroom rent
$1,140
a month, utilities in · HUD
Median tax bill
$810
TN $1,442

What kind of housing town is Elkton?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Elkton

Try your own numbers below.

You could afford about
$288,000
Typical Elkton home $203K

That covers a typical Elkton home, with $86K to spare.

The typical home, each month
$1,150
Loan $1,000Tax $80Insurance $60

A two-bedroom rents for about $1,140 a month here, $10 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Tennessee typical property tax (0.50% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 67% in 5 years

The federal house price index for the ZIP codes around Elkton rose 67% over the past 5 years, faster than across Tennessee (60%). Last year prices rose 3.3%.

Elkton areaTennessee
0%+50%+100%+150%+200%+250%200220052010201520202025
+3.3%
past year
+67%
past 5 years
+108%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Elkton, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,140

Renters already here pay a median of $950, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$930
2 bedrooms$1,140
3 bedrooms$1,440
4 bedrooms$1,600
28%
of households rent · TN 33%
42
renter households
$950
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Giles County, TN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

No new homes permitted in 2025

No permits for new homes were issued in Elkton in 2025. The last year with any was 2014 (1 new home).

Single-family
01 2013201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014110$81,000
2013000—

Elkton's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

1 of Elkton’s houses are on the National Register

Half of Elkton’s homes were built before 1972.

History →
Owners and renters
Own 73%Rent 28%

Tennessee: 67% own.

1972
typical home built · TN 1987
$810
median property tax bill · TN $1,442
Historic houses in Elkton

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error. Historic houses: National Register of Historic Places.

Neighbors talk housing

What Elkton buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Elkton still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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