The Elkridge housing market is most competitive. Homes in Elkridge receive 7 offers on average and sell in around 5 days. The median sale price of a home in Elkridge was $460K last month, down 6.1% since last year. The median sale price per square foot in Elkridge is $231, up 0.0% since last year.
What is the housing market like in Elkridge today?
In April 2024, Elkridge home prices were down 6.1% compared to last year, selling for a median price of $460K. On average, homes in Elkridge sell after 5 days on the market compared to 14 days last year. There were 21 homes sold in April this year, up from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$460,000
-6.1% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Elkridge, MD
$460,000
-6.1%
United States
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How hot is the Elkridge housing market?
Elkridge is most competitive. Homes sell in 8 days.
0
100
90
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 8 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Elkridge
Explore recent offers and recently sold homes in Elkridge
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Elkridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Elkridge.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Elkridge has a moderate risk of flooding. 362 properties in Elkridge are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Elkridge. Flood risk is increasing slower than the national average.
45% of properties are at risk of wildfire over the next 30 years
Fire Factor
Elkridge has a moderate risk of wildfire. There are 2,603 properties in Elkridge that have some risk of being affected by wildfire over the next 30 years. This represents 45% of all properties in Elkridge.
72% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Elkridge has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Elkridge is most at risk from hurricanes. 4,165 properties in Elkridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.