Market Overview
Home Prices in Elkton, KY
The median home value in Elkton, KY is $213,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.4% compared to a year ago and up 9.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elkton are priced48% below average.
Over the past five years, Elkton home values have risen by approximately37.4%, reflecting strong long-term appreciation in this market.
Price History
Elkton Home Price Trend
2020
$128,328
$128K
—
2021
$155,285
$155K
+21.0%
2022
$187,612
$188K
+20.8%
2023
$193,453
$193K
+3.1%
2024
$206,208
$206K
+6.6%
2025
$225,547
$226K
+9.4%
2026
$213,286
$213K
-5.4%
City Comparison
Elkton vs. National Median
🏠 Elkton
$213,286
National Median
$410,000
At $213,286, homes in Elkton cost 48% below the national median of $410,000. This makes Elkton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elkton?
20% Down Payment
$42,657
on $213,286
Monthly P&I
$1,112/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,412/mo
incl. taxes & insurance
Income Needed
$56,480
gross annual (30% rule)
10% Down Option
$21,329
+ PMI applies
Loan Amount (20% dn)
$170,629
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Elkton, KY?
The median home value in Elkton is $213,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.4% year-over-year.
How much have home prices changed in Elkton?
Over the past year, home values in Elkton have decreased by 5.4%. Over five years, prices have risen approximately 37.4%.
How much do I need to earn to buy a home in Elkton?
To comfortably afford the median home price of $213,286 with a 20% down payment ($42,657) at today's rates (6.8%), you'd need a gross annual income of approximately $56,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Elkton compare to the national average home price?
The national median home value is approximately $410,000. At $213,286, homes in Elkton are 48% below the national average.