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ELKTON, VA 22827

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The ELKTON, VA real estate market (22827) currently shows 31 active listings, with 19 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 53 days on market compared to 50 days last year.

The median listing price has fallen 2.7% year-over-year, from $365,923 to $356,225.

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
31
⇩ 35.4% vs 48 last year
Pending
19
61% pending ratio
Median Price
$356,225
⇩ 2.7% vs $365,923 last year
Average Price
$589,595
⇧ 5.9% vs $556,616 last year
Days on Market
53
⇧ 6% vs 50 days last year

Price Per Square Foot

Median $/sqft
$195
⇩ 17% vs $235/sqft last year
Median Home Size
1,805 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 48 last year
  • Days on market: 53 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $356,225 (-2.7% YoY)
  • Average: $589,595 (+5.9% 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 July 2026, there are 31 active listings in ELKTON, VA (zip code 22827), compared to 48 the prior year.

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

The median listing price in ELKTON, VA 22827 is $356,225 as of July 2026, a 2.7% decrease from $365,923 the prior year.

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

Homes in ELKTON, VA 22827 spend an average of 53 days on the market before going under contract, compared to 50 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 July 2026, ELKTON, VA 22827 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 53 days on market compared to 50 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 $7,125 compared to a typical 5% commission on the median listing price of $356,225. 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.