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Elkton, KY Real Estate


According to census data in the year 2000 there were 907 housing units in Elkton. This represents a 8.5% growth from 836 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 907 were located in what is classified as a rural area.

Homeownership rate in Elkton is about 67.3%. Elkton's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Elkton were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.90%
Two Bedrooms39%
Three Bedrooms40.10%
Four Bedrooms8.70%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1965
Median Value of occupied units$56,300
Median Price asked for vacant units$51,700

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1972
Median Monthly Rent asked for vacant units$230

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan0.80%
Simple Mortgage46.80%
Debt Free49.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%