Elkton, VA housing market
The typical Elkton home is worth about $323,000, up 2.4% in a year, 22% below the Virginia typical home. Homes typically sell in 11 days, close to asking.
Home values, sales, trends and how Elkton compares with the towns next door — updated as new data is published.
Elkton at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Elkton | Virginia |
|---|---|---|
| 2017 | $187,000 | $253,000 |
| 2018 | $193,000 | $263,000 |
| 2019 | $196,000 | $271,000 |
| 2020 | $207,000 | $284,000 |
| 2021 | $233,000 | $311,000 |
| 2022 | $261,000 | $345,000 |
| 2023 | $278,000 | $367,000 |
| 2024 | $303,000 | $386,000 |
| 2025 | $315,000 | $405,000 |
| 2026 | $319,000 | $411,000 |
| August 2026 | $323,000 | $415,000 |
5.2 years of income
The typical Elkton home costs about 5.2 years of the town's median household income, more than across Virginia (4.5 years).
How Elkton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,260
HUD's Fair Market Rent for a two-bedroom in Elkton is $1,260 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Elkton pay a median of $821, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $980 · 4 bedrooms $2,090
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (22827; Harrisonburg, VA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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.