Elkton, MD Real Estate

According to census data in the year 2000 there were 4,731 housing units in Elkton. This represents a 31.5% growth from 3,597 in 1990.

Of those housing units, 4,731 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elkton is about 48%. Elkton's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Elkton were built after 1976.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom16.90%
Two Bedrooms30.20%
Three Bedrooms39.70%
Four Bedrooms10.30%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1978
Median Value of occupied units$106,100
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1971
Median Monthly Rent asked for vacant units$670

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage6.10%
Home Equity Loan14.40%
Simple Mortgage58.10%
Debt Free20.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%