Elkton, MD 21920 housing market
Data through Aug 2026 · Balanced market · leverage 8
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Home Value
$277,798
−0.1% vs. a year ago
Buyer Leverage Score
8
Apr 2026
Months of Supply
3.0 months
Mar 2025
Days on Market
54 days
Jun 2026
Price Cut %
0.0%
Apr 2026
Sale-to-List Ratio
99.3%
Aug 2026
Mtg Payment as % of Income
17%
Aug 2026
Expected Disaster Loss
$60
Dec 2025
What this means
- Prices. Home values are flat over the past year (U.S.: +1.2%).
- Supply. There are 0% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is low (8/100; U.S.: 54) (as of Apr 2026): homes sell for about 0.7% below their final list price; 0% of listings had a price cut (U.S.: 26%) (as of Apr 2026).
- Affordability. A mortgage on the typical home takes 17% of the median household income (U.S.: 35%); it takes about $70k a year to keep the payment at 30% of gross pay. That includes about $1,357 a year for home insurance (U.S.: $1,790).
- Disaster risk. FEMA expects about $60 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
- Outlook. Leaning up: likely −5% to +11% over the next 12 months (73% chance of a rise).
Next 12 months
Leaning up
Prices are more likely to rise than fall over the next year. Likely change: −5.5% to +10.8% (80% range; middle estimate +3.8%), chance of a rise 73%, of a 5%+ drop 11%.
HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.
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Other ZIP codes in Cecil County, MD
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Elkton, MD 21921 | $374.1K | +1.6% | 20 |
| North East, MD 21901 | $394.1K | −0.1% | 16 |
| Rising Sun, MD 21911 | $400K | +2.6% | 11 |
| Port Deposit, MD 21904 | $404.9K | +1.9% | 10 |
| Perryville, MD 21903 | $350.3K | +0.8% | 29 |
| Conowingo, MD 21918 | $401.7K | +2.2% | 87 |
| Earleville, MD 21919 | $380.4K | +1.9% | 73 |
| Chesapeake City, MD 21915 | $411.2K | +1.0% | 42 |
| Colora, MD 21917 | $413K | +2.1% | 23 |
| Warwick, MD 21912 | $582.2K | +3.9% | 1 |
| Cecilton, MD 21913 | $309.2K | −1.6% | 21 |
| Charlestown, MD 21914 | $334.2K | −0.9% | 56 |
| ZIP 21902 | – | – | – |
| Georgetown, MD 21930 | – | – | 17 |