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Elkton, MD
Full City Profile · Maryland · Cecil County County
2.7
/5.0
C+
Fair
15,867
Population
1,755/sq mi density
$56,565
Median Income
$32,286 per capita
$271,700
Home Value
$362,553 Zillow
$1,368
Median Rent
34.1% income on rent
56°F
Avg Temperature
293 sunny days/yr
964
Violent Crime/100K
6,634 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$56,565 median income, 3.6% unemployment
B+
Affordability
4.0 / 5.0
$271,700 home value, $1,368/mo rent
F
Safety
1.0 / 5.0
964 violent crimes/100K (154% above avg)
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher
Housing Overview
Median Home Value
$271,700
4% below
US avg: $281,900
Median Rent
$1,368/mo
18% above
US avg: $1,163/mo
Homeownership Rate
48.3%
26% below US avg (65.4%)
Total Housing Units
6,402
Median year built: 1987
Home Value by Source
Census Median
$271,700
Zillow (ZHVI)
$362,553
Median Sale Price
$305,000
Median List Price
$315,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.3%
Owner-Occupied
51.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,368/mo
· Zillow rent:
$1,882/mo
Market Indicators (Redfin)
Median Days on Market
29 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$162
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
34.1%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
48.3%
Complete Housing Data
Home Values
| Census Median Value | $271,700 |
| Zillow Home Value (ZHVI) | $362,553 |
| Median Sale Price | $305,000 |
| Median List Price | $315,000 |
| Price Per Sq Ft | $162 |
Rent
| Census Median Rent | $1,368 |
| Zillow Rent (ZORI) | $1,882 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 29 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.2% |
| Homes Sold | 11 |
| Active Inventory | 18 |
| Price Per Sq Ft | $162 |
Ownership & Stock
| Owner-Occupied | 48.3% |
| Renter-Occupied | 51.7% |
| Homeownership Rate | 48.3% |
| Total Housing Units | 6,402 |
| Median Year Built | 1987 |
| Rent Burden | 34.1% |