Valley Realty Associates Localized Market Report
Elkton, VA 22827
Single-Family Homes
"Impossible Becomes Possible With The Right People On Your Side"
Elkton, VA 22827
Sat Apr 04 2026
This week the median list price for Elkton, VA 22827 is $362,495 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has decreased to 10.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $362,495 | |
| Median Price of New Listings | $349,900 | |
| Per Square Foot | $221 | |
| Average Days on Market | 253 | |
| Median Days on Market | 67 | |
| Price Decreased | 20% | |
| Price Increased | 0% | |
| Relisted | 20% | |
| Inventory | 10 | |
| Median Rent | ||
| Market Action | 50 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $865,000 | 4,292 | 5 - 10 acres | 5 | 4 | 65 | 0 | 0 | 896 |
| $400,000 | 1,843 | 0.25 - 0.5 acre | 3 | 2.3 | 29 | 0 | 0 | 28 |
| $349,900 | 1,536 | 0.25 - 0.5 acre | 3 | 2 | 1 | 1 | 0 | 56 |
| $324,900 | 1,415 | 0.25 - 0.5 acre | 2 | 1.5 | 37 | 0 | 0 | 70 |