Located approximately 10 miles from Baltimore and less than an hour’s drive from Washington, DC, the small-town community of Elkridge offers residents and future homeowners a family-friendly environment that seems worlds away from the hustle of the big city. About 24,000 residents call Elkridge home; the suburban setting, ideal adjacent location for working or education in Baltimore and Washington, as well as the airports, transportation, culture and high-end shopping are just a few of the many reasons why so many are proud to call this community home.
Elkridge is centrally located at the confluence of three counties and is bordered by the Baltimore-Washington International Airport. Residents are provided with safe suburban settings, short commutes, expansive greenbelts, outdoor recreational opportunities, and affordable homes on wooded lots. As a community that is committed to improving the quality of life for its residents, Elkridge has superior nearby health care systems and renowned university and educational resources. Getting in and around Elkridge, Baltimore, and the Washington, DC, metro areas are easy as residents can commute via metro, bus, and the MARC commuter rail. Nearby Baltimore presents a bustling waterfront on the Patapsco River, plenty of recreation opportunities along the Chesapeake Bay, and dozens of annual events. Offering great schools, an affordable cost of living, a wide variety of homes and easy access to public transportation options, Elkridge is a great place to call home.
Real Estate Market Summary - Prices of Elkridge Homes for Sale
From Colonials, Ramblers and Ranch styles, to contemporary and custom built housing; anyone can agree that the real estate market in Elkridge is diverse. With wooded lots on mature streets and quiet cul-de-sacs in modern subdivisions, Elkridge presents various housing options for every income level. Homes in Elkridge start at $130,000 and can go up to just under $1 million for large lots, recent developments and sprawling estates. Elkridge town homes and condominiums are available from under $200,000. Land in Elkridge is also available for custom development.
Elkridge Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $262,345 compared to $260,958 the previous week, for a slight increase of less than +1%. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Elkridge MD. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Elkridge to help you find the best home!
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