Home prices
The median home value in Elkton is $194,800. This is roughly $48,040 (19%) lower compared to its surrounding areas.Compared to the country as a whole it is about $22,700 (10%) lower, and is approximately $31,800 (19%) higher compared to the city of Philadelphia.
Rents
The median monthly rent in Elkton is $1,066. Compared to its nearby areas this is roughly $78 (6%) lower.It is is very similar compared to the United States as a whole, and in comparison to the city of Philadelphia is approximately $24 (2%) higher.
Nearby places
Glasgow
Glasgow is Elkton's neighbor to the east. Its real estate prices are a little more expensive. The median home cost in Glasgow is $274,000, which is $79,200 (28%) higher than Elkton. The rent there is a little more expensive. In Glasgow the median rent is $1,377 per month, which is $311 (22%) higher than Elkton.
Chesapeake City
Chesapeake City is about 5 miles south from Elkton. Its housing prices are somewhat more expensive. Chesapeake City's median home price is $270,000, which works out to $75,200 (27%) higher than Elkton. Its rents are somewhat less expensive. In Chesapeake City the median rent is $896 per month, which works out to $170 (18%) lower than Elkton.
North East
North East is about 5 miles west from Elkton. Real estate prices there are fairly similar. The price of the median home in North East is $195,200, which is very similar to Elkton. Rent there is a little less expensive. North East's median rent is $880 a month, which works out to $186 (21%) lower than Elkton.
Newark
Newark is about 5 miles northeast from Elkton. The real estate prices there are somewhat more expensive. The median home price in Newark is $277,800, which works out to $83,000 (29%) higher than Elkton. Rent there is somewhat more expensive. In Newark the median monthly rent is $1,308, which comes out to $242 (18%) higher than Elkton.
Brookside
Brookside is about 6 miles northeast of Elkton. The housing prices there are similar. The median home in Brookside is valued at $197,200, which is $2,400 (1%) higher than Elkton. Rents there are somewhat more expensive. In Brookside the median rent is $1,260 a month, which works out to $194 (15%) higher than Elkton.
