Is Elkton, FL 32033 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Elkton is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.9Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market82Listing to accepted offer
Median price per sq ft$214▼ −6.3% vs. last year

The Elkton housing market right now

In the three months ending August 31, 2026, 8% of homes in Elkton, FL 32033 sold above their list price, the typical home went under contract in 82 days and there were 4.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (95 days then) and the median sale price rose 20% to $427,315. Overall, Elkton is more competitive than a year ago, so tougher for buyers.

Within St. Johns County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at Ponte Vedra Beach 32082 (4% sold over asking) or Saint Augustine 32080 (4% sold over asking), while Hastings 32145 (13% sold over asking) and Saint Augustine 32092 (11% sold over asking) are even more competitive.

Nearby markets

Hastings 32145Seller’s market $209 /sq ftPonte Vedra 32081Seller’s market $295 /sq ftPonte Vedra Beach 32082Seller’s market $386 /sq ftSaint Augustine 32080Balanced $339 /sq ft Browse all markets →

Where Elkton is

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Questions about Elkton real estate

Is Elkton a buyer’s or seller’s market?

A balanced market: there were 4.9 months of supply in Elkton, FL 32033 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Elkton?

The typical home went under contract in 82 days in the latest three months.

Do homes in Elkton sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Elkton?

About 0.76% of a home’s value a year in St. Johns County, or roughly $3,040 on a $400,000 home.

What is the median home price in Elkton?

The median sale price was $427,315 in the three months ending August 31, 2026, about $214 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology