Elkton, OR—97436
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elkton, OR
As of Oct '25, the median home price in Elkton, OR is $400,000, with a year-over-year change of 2.7%. This indicates that home prices in Elkton, OR are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $400,000 | 2.7% |
| Single Family | $401,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elkton, OR
Elkton, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 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, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Elkton, OR is 77. This is a decrease of -82.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | -78.0% |
Listing Count | 7 | 233.0% |
| Listings as % of Homes | 0.7% | 233.0% |
Days on Market | 77 | -82.0% |
Demographics — Elkton, OR
As of the latest ACS Survey released in 2023, Elkton, OR has a population of 698, which has decreased by -24.2% over the past 5 years. Elkton, OR is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 698 | -24.2% |
% Under 18 | 18.6% | -15.5% |
% Seniors | 26.4% | -21.4% |
% WFH | 12.3% | -36.9% |
% w/ College Degree | 19.2% | -27.0% |
As of the latest ACS Survey released in 2023, Elkton, OR is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 10.5% in the last 5 years. The second most common race or ethnicity in Elkton, OR is hispanic, making up 6.0% of the population. Foreign-born residents account for 3.0% of the population in Elkton, OR, and this percentage has increased by 11.1% 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 | 85.2% | -10.5% |
% Black | 0.0% | N/A |
% Hispanic | 6.0% | 400.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | 11.1% |
Mortgage and Risk — Elkton, OR
Elkton, OR 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, OR
Elkton, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% 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 | $10 | $850 | $860 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Elkton, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $400,000 |
| Median Household Income | $49,000 |