Elkton, Maryland.
Typical home $371,476 (+1.7% in a year), asking rent $1,904 (-1.2%). Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro.
to buy the typical home at today's mortgage rate — +$1,022 (+110%) since Jan 2020.
- 1 year
- Up $6,095 +2%
- $365,380$371,476 since Sep 2025
- 5 years
- Up $65,117 +21%
- $306,358$371,476 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Elkton$1,950
- Maryland$2,230
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Elkton, MD rose 1.7% over the past year — faster than the nation's +1.2%.
Asking rents in Elkton, MD fell 1.2% over the past year — slower than the nation's +2.7%.
Owning the typical home in Elkton runs $720/mo more than renting one. The gap peaked at $777 in Apr 2024.
That is $2,624 a month against $1,904 rent: a $1,950 mortgage payment, plus $277 property tax and $398 insurance & upkeep.
Owning vs renting — Elkton
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,624
- Renting$1,904
- Mortgage only$1,950
Property tax · $277/mo 0.89% of value a year — the ACS 2020-2024 median bill over the median home value for Cecil County, MD
Insurance & upkeep · $398/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Elkton, Cecil County, Maryland
Elkton is a town of 15,807 people in Cecil County. 51% of its homes are lived in by their owners and 49% are rented. Unemployment in Cecil County was 4.0% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Elkton is the seat of Cecil County, a small town in the northeast corner of Maryland. Its residents are on the younger side compared with many older towns, and more of them rent than own, a mix that differs from the county as a whole. Winters are cold, with January the chilliest month, and summers turn hot by July. Rain and melted snow fall steadily through the year.
Work. Many residents work in schools, hospitals and social care, followed by shops, restaurants and hotels, and manufacturing. Among the largest workplaces in Elkton are Cecil County Public Schools, Union Hospital of Cecil County and Terumo Medical. Most people commute a moderate distance to work, and relatively few work from home.
Things to do. Elk Neck State Forest, a protected area of woods, is a short drive away. The University Museums at the University of Delaware are also a short drive off. A longer drive brings you to Longwood Gardens, a large botanical garden, and the Brandywine Museum of Art.
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- 6,035households
- 22%of adults have a degree
- 20%below the poverty line
- 25 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Cecil County had 36,824 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 42° and lows near 25°; warmest in July, with highs near 89° and lows near 66°. About 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Newark Ag Farm weather station, 6 miles away (NOAA).
Largest workplaces in Elkton
- Cecil County Public SchoolsSchool district2,111FTE
- Terumo MedicalInstruments, mechanical microsurgical, manufacturing1,019
- Union Hospital of Cecil CountyGeneral hospital896FTE
- WalmartWarehouse clubs and supercenters387
- WL Gore & AssociatesFabric coating mills258
- Terumo Cardiovascular Elkton PlantClamps, surgical, manufacturing233
- Elkton SNFNursing homes205
- Estes Express Lines205
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 19 workplaces with 20 or more staff, 4,138 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Strong windRelatively high
- Heat wavesRelatively moderate
- Ice stormsRelatively moderate
- Lightningrelatively high in parts of ElktonRelatively moderate
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Elkton’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cecil County and the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro.
Elkton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Elkton$371,476
- Maryland$424,890
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Elkton listings, and the typical home goes pending in 11 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Elkton28.11%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Elkton11
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Elkton125
New listings per month
Sellers arriving at the market.
- Elkton46
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Elkton$362,433
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Elkton100.60%
Zip codes with a Elkton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Elkton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Elkton
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 21921 | Elkton | 45,527 | $1,904 | $373,205 |
| 21920 | Elk Mills | 1,413 | — | $276,463 |