Elkton, VA Real Estate
According to census data in the year 2000 there were 884 housing units in Elkton.
This represents a 5.7% growth from 836 in 1990.
Of those housing units, 872 were located in either urbanized areas or urban clusters, and 12 were located in what is classified as a rural area.
Homeownership rate in Elkton is about 56.1%.
Elkton's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Elkton were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 14.70% |
| Two Bedrooms | 21.50% |
| Three Bedrooms | 49% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $94,800 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.50% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 51.60% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.3% |
