Photo: Jcantroot · Public domain164 homes sold in Elkton in the last year, at a typical $306K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elkton homes are listed.
Every place Elkton homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elkton.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 65% of Elkton’s sales, at a typical $348K
164 homes sold in the year to May 2026.
typical sale · 106 sold in 12 months
- Per square foot
- $178MD $239
- Days to sell
- 39
- Sold over asking
- 33%
- Listings with a price cut
- 33%
Multi-family (2–4 units): 3 sold, typical $312K
Townhouses: 55 sold, typical $234K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.8 times the 2016 price
164 sales in the last year, against 265 in 2020 and a low of 125 in 2012. The typical sale went from $167K in 2016 to $306K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Elkton
Check a listing against what Elkton homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elkton are more common than before the pandemic, but three quarters fewer homes come up for sale
We read every month of Elkton’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 164 sales.
If you’re buying in Elkton
- Shop in March. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
- You can negotiate. 29% of listings have cut their price, against 23% before the pandemic.
- Bid near asking. Buyers paid 99.4% of the list price on average; 36% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 27 a month), but August is the most competitive: 34% of August sales close over asking. March and April offer nearly as much choice with fewer homes bid up (31%). January has the least competition (24%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Maryland as a whole
| Elkton now | 2017–19 | 2021 peak | MD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 36% | 21% | 49% | 34% |
| Gone within two weeksShare of homes under contract within 14 days | 52% | 22% | 65% | 41% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 23% | 21% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 97.5% | 100.9% | 99.8% |
| Days to sellMedian days from listing to contract | 28 | 52 | 10 | 43 |
21 homes for sale on a typical day
That’s twice the 2024 low (11), 71% fewer than in 2017–19 and well under 2014’s 139.
1 in 3 listings has cut its price
29% in the last year, against 23% in 2017–19 and 27% across Maryland. More sellers are pricing high and coming down.
Elkton ranks 86th of 185 busy Maryland markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Elkton is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elkton home costs about $1,862 a month
Price: Elkton’s typical sale, last 12 months. Property tax at Elkton’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elkton is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 11.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $306K home, about $3,190 a year.
Taxes vs. neighborsSchools
The schools grade for Elkton, from test results, graduation and how much students grow.
Schools in ElktonCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Chesapeake City and Brookside for far more
The busier markets within 25 miles of Elkton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Newark | 225 | $406K | $208 | 30% | 35 |
| Elkton | 164 | $306K | $170 | 36% | 28 |
| Bear | 162 | $333K | $203 | 34% | 35 |
| Glasgow | 147 | $433K | $204 | 31% | 27 |
| Brookside | 108 | $347K | $213 | 42% | 31 |
| North East | 86 | $339K | $204 | 24% | 34 |
| Chesapeake City | 22 | $458K | $236 | 32% | 68 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elkton, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elkton. People who follow the town see it, and so do people comparing Elkton with their own town. No commission, no listing fee.
Questions about buying a home in Elkton
What do homes sell for in Elkton, MD?
164 homes sold in the year to May 2026 at a typical $306K, $170 a square foot.
Is Elkton a buyer’s or seller’s market?
A seller’s market: 29 homes were for sale in May 2026 and 12 sold, about 2.4 months of supply. Buyers paid 99.4% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Elkton?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elkton?
About 1% of a home’s value a year. On a $306K home that’s near $3,190.
Where can I see homes for sale in Elkton?
Zillow, Redfin, Realtor.com and Homes.com all carry Elkton’s MLS listings; the search links above open each one filtered to Elkton.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).