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ELKTON, VA 22827

Real Estate Market Report  ·  Rockingham County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The ELKTON, VA real estate market (22827) currently shows 36 active listings, with 17 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 16 days on market compared to 17 days last year.

The median listing price has fallen 36.4% year-over-year, from $549,800 to $349,900.

Whether you are buying or selling in ELKTON, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,801  ·  Density: 26.3/mi²  ·  Median household income: $60,691

Typical home value: $220,201  ·  Homeownership: 77.5%

Market Overview

Active Listings
36
⇧ 12.5% vs 32 last year
Pending
17
47% pending ratio
Median Price
$349,900
⇩ 36.4% vs $549,800 last year
Average Price
$444,697
⇩ 42.4% vs $771,707 last year
Days on Market
16
⇩ 5.9% vs 17 days last year

Price Per Square Foot

Median $/sqft
$198
⇩ 9.2% vs $218/sqft last year
Median Home Size
1,708 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 32 last year
  • Days on market: 16 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $349,900 (-36.4% YoY)
  • Average: $444,697 (-42.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.8 miles — 360 listings ($223,561,894 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22827Elkton, VA 228270.0 mi25$12,520,275$359,900$500,811
22973Stanardsville, VA 229738.7 mi23$8,901,621$349,900$387,027
22849Shenandoah, VA 228499.4 mi15$5,737,665$356,725$382,511
22846Penn Laird, VA 228469.7 mi23$14,117,423$556,540$613,801
22940Free Union, VA 2294012.8 mi1$650,000$650,000$650,000
22801Harrisonburg, VA 2280114.5 mi98$49,230,692$449,475$502,354
24441Grottoes, VA 2444115.5 mi13$5,163,028$396,950$397,156
22968Ruckersville, VA 2296815.7 mi30$23,028,270$557,500$767,609
22936Earlysville, VA 2293616.6 mi10$7,536,860$795,750$753,686
22932Crozet, VA 2293217.2 mi102$86,059,032$713,675$843,716
24486Weyers Cave, VA 2448618.4 mi6$3,017,724$391,875$502,954
22738Rochelle, VA 2273819.6 mi2$1,138,000$569,000$569,000
22853Timberville, VA 2285319.8 mi12$6,461,304$393,250$538,442

Frequently Asked Questions

How many homes are for sale in ELKTON, VA 22827?

As of April 2026, there are 36 active listings in ELKTON, VA (zip code 22827), compared to 32 the prior year.

What is the median home price in ELKTON, VA 22827?

The median listing price in ELKTON, VA 22827 is $349,900 as of April 2026, a 36.4% decrease from $549,800 the prior year.

How long do homes stay on the market in ELKTON, VA?

Homes in ELKTON, VA 22827 spend an average of 16 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in ELKTON, VA 22827?

Based on current inventory and days-on-market data as of April 2026, ELKTON, VA 22827 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 16 days on market compared to 17 days last year.

How much can I save on real estate commission in ELKTON, VA?

With SELL123.com's maximum 3% commission, sellers in ELKTON, VA 22827 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.