$3,205 Closing Credit*
$269,900
1,422 SqFt
3 Beds
•2 Full Baths
Caitlin Grisier, Listing Office: Century 21 Platinum Properties
Is Elkton, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Elkton has remained a Seller's Market.
Key Takeaway
Elkton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elkton, KY
How much do homes in Elkton, KY cost?
Median Sold Price
$224,950
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,050(-6.3%)
Key Takeaway
Homes in Elkton have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in Elkton was $224,950 in October 2024, down 6.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $133K | $32K | -75.9% |
| 3 Bedrooms | $240K | $234.9K | -2.1% |
| 4 Bedrooms | $244.9K | $152K | -37.9% |
| 5+ Bedrooms | $407.5K | $358K | -12.1% |
Summary: Elkton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 75.9%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 37.9%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in Elkton, KY
How many homes are available in Elkton, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Elkton real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Elkton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elkton, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Elkton in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Elkton, KY
How long does it take to sell a home in Elkton, KY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 48 Days | +14.3% |
Summary: Homes in Elkton had an average of 48 days on market in Oct 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elkton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Elkton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.