Elkton
Housing Market
Median sale price $372,500, down 3.4% year over year, with homes going under contract in about 51 days.
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Housing Market Analyst
100% of listed homes are already under contract. Prices are down 3.4% versus the prior year, but sellers are still collecting 96.5% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 100% of inventory sits under contract.
Derived from current Elkton data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Elkton
The median sale price across Elkton currently stands at $372,500, down 3.4% from a year ago. Buyers are paying a median of $179 per square foot. The typical home goes under contract in about 51 days. Sellers are capturing 96.5% of their original asking price on average.
6 homes closed here over the trailing 12 months.
Elkton prices sit below the St. Johns County median by roughly 26%.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Elkton is 70 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
Elkton since 2012 — and where it’s heading
A median home here sold for $160,268 in 2012 and $367,789 over the last recorded year — 129% appreciation across 14 years of recorded sales. Cash buyers took 30% of recent sales, down from a 39% peak.
Median sale price · 2012–2026 (497 recorded sales)
Days on market by year
Cash buyers · share of sales
Daily active vs pending · St. Johns County (MLS)
What’s driving Elkton
3,554 single-family · 1,181 multi-family · 16.2 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across St. Johns County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Elkton ← this page | $372K | — | 70 | |
| St. Augustine | $449K | 592 | 61 | Open → |
| St. Johns | $547K | 247 | 67 | Open → |
| Ponte Vedra | $662K | 167 | 66 | Open → |
| Ponte Vedra Beach | $930K | 143 | 61 | Open → |
| Hastings | $280K | 27 | 58 | Open → |
Neighborhoods on the move
| Cypress LakesElkton | $372K | ▲ -6% |
| Cypress LakesElkton | $372K | ▼ 6% |
| Cypress LakesElkton | $372K | 76 days |
Elkton ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Elkton right now?
The data says conditions currently favor sellers in Elkton — the Momentum Score reads 70/100. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Elkton becoming more affordable?
Yes, modestly — the median sale price in Elkton is $372,500, down 3.4% versus the prior year, while sellers still capture 96.5% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Elkton?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Cypress Lakes (-6%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Elkton neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Cypress Lakes (76 days) — homes there go under contract well ahead of the market-wide pace of 51 days.
How does Elkton compare to the rest of St. Johns County?
Elkton's median of $372,500 runs 26% below the county-wide median of $500,000, and homes here take 51 days to go under contract versus 54 county-wide.
Elkton housing market FAQ
What is the median home price in Elkton?
The median sale price in Elkton is currently $372,500, down 3.4% from a year ago, based on MLS sales data updated August 6, 2026.
Is Elkton a buyer's or seller's market right now?
The data currently favors sellers. Elkton scores 70 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Elkton?
The typical home in Elkton goes under contract in about 51 days, per current MLS data.
Are home prices in Elkton rising or falling?
Median sale prices are down 3.4% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Elkton. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 6, 2026 at 7:18 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.