Elkton, SD—57026
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elkton, SD
As of Oct '25, the median home price in Elkton, SD is $257,000, with a year-over-year change of 2.8%. This indicates that home prices in Elkton, SD are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $257,000 | 2.8% |
| Single Family | $257,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | 1.7% |
3 Bed | $228,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elkton, SD
Elkton, SD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Elkton, SD
Elkton, SD lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.8% | N/A |
Days on Market | N/A | N/A |
Demographics — Elkton, SD
As of the latest ACS Survey released in 2023, Elkton, SD has a population of 1,490, which has increased by 24.5% over the past 5 years. Elkton, SD is a popular place for families, as children make up 30.0% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,490 | 24.5% |
% Under 18 | 30.0% | 7.1% |
% Seniors | 12.7% | 4.1% |
% WFH | 10.7% | 114.0% |
% w/ College Degree | 26.3% | 46.1% |
As of the latest ACS Survey released in 2023, Elkton, SD is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 16.8% in the last 5 years. The second most common race or ethnicity in Elkton, SD is hispanic, making up 25.5% of the population. Foreign-born residents account for 12.1% of the population in Elkton, SD, and this percentage has increased by 24.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.2% | -16.8% |
% Black | 1.3% | 333.3% |
% Hispanic | 25.5% | 133.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 12.1% | 24.7% |
Mortgage and Risk — Elkton, SD
Elkton, SD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Elkton, SD
Elkton, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Elkton, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $257,000 |
| Median Household Income | $73,100 |