Home prices
Elkton's median home value is $183,400. It is approximately $56,920 (23%) lower in comparison to its nearby areas.In comparison to the entire country it is roughly $34,100 (15%) lower, and in comparison to the city of Lynchburg is roughly $23,300 (14%) higher.
Rents
In Elkton the median monthly rent is $811. This is about $217 (21%) lower compared to its surrounding areas.It is roughly $251 (23%) lower compared to the country as a whole, and it is approximately $46 (5%) lower compared to the city of Lynchburg.
Nearby places
Massanutten
Massanutten is approximately 5 miles west from Elkton. Real estate prices there are a bit more expensive. The median home in Massanutten costs $260,700, which works out to $77,300 (29%) higher than Elkton. Rents there are a little more expensive. The median monthly rent in Massanutten is $1,142, which is $331 (28%) higher than Elkton.
Shenandoah
Shenandoah is approximately 5 miles north of Elkton. Housing prices there are a little less expensive. Shenandoah's median home value is $143,900, which works out to $39,500 (27%) lower than Elkton. Rents there are somewhat more expensive. Shenandoah's median monthly rent is $876, which comes out to $65 (7%) higher than Elkton.
Massanetta Springs
Massanetta Springs is about 10 miles west of Elkton. The real estate prices there are significantly more expensive. The value of the median home in Massanetta Springs is $393,900, which works out to $210,500 (53%) higher than Elkton. The rent there is substantially more expensive. Massanetta Springs's median rent is $1,321 a month, which comes out to $510 (38%) higher than Elkton.
Stanardsville
Stanardsville is roughly 11 miles southeast of Elkton. The real estate prices there are a little more expensive. The median home in Stanardsville is valued at $199,500, which works out to $16,100 (8%) higher than Elkton. Rent there is somewhat more expensive. The median rent in Stanardsville is $920 a month, which comes out to $109 (11%) higher than Elkton.
Harrisonburg
Harrisonburg is approximately 12 miles west of Elkton. Its real estate prices are somewhat more expensive. The cost of the median home in Harrisonburg is $203,600, which comes out to $20,200 (9%) higher than Elkton. Rent there is a little more expensive. The median monthly rent in Harrisonburg is $883, which comes out to $72 (8%) higher than Elkton.