Is Elkton, OR 97436 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Elkton is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$233▲ +16.2% vs. last year

The Elkton housing market right now

In the three months ending August 31, 2026, 0% of homes in Elkton, OR 97436 sold above their list price, the typical home went under contract in 14 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (210 days then) and the median sale price fell 33% to $309,866. Overall, Elkton is more competitive than a year ago, so tougher for buyers.

Within Douglas County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Glendale 97442 (100% sold over asking) and Idleyld Park 97447 (100% sold over asking) are even more competitive.

Nearby markets

Azalea 97410Buyer’s market $285 /sq ftCamas Valley 97416 — /sq ftCanyonville 97417Buyer’s market $269 /sq ftDays Creek 97429Seller’s market $234 /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 buyer’s market: there were 6.4 months of supply in Elkton, OR 97436 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 14 days in the latest three months.

Do homes in Elkton sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Elkton?

About 0.61% of a home’s value a year in Douglas County, or roughly $2,440 on a $400,000 home.

What is the median home price in Elkton?

The median sale price was $309,866 in the three months ending August 31, 2026, about $233 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