Elkton, MN Real Estate
According to census data in the year 2000 there were 55 housing units in Elkton.
This represents a 5.2% decline from 58 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 55 were located in what is classified as a rural area.
Homeownership rate in Elkton is about 95.9%.
Elkton's vacancy rate, including seasonal lodging, is about 10.9%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in Elkton were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.50% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 47.30% |
| Four Bedrooms | 16.40% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $72,300 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 6 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 24.40% |
| Simple Mortgage | 22% |
| Debt Free | 43.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
