Housing in Elba, AL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$71,500

Median List Price

$139,450

Price Per Sq Ft

$67

Days on Market

215

Active Inventory

20

Months of Supply

10.0

Buyer's market

Zillow Home Value

$126,222

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 78.8%List Price 9.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

101.3%

Seller's market

Sold Above Asking
100.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
15.0%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

8

Pending Sales

3

Homes Sold 100.0%New Listings 100.0%Pending 200.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$67

Median List $/SF

$98

Sale $/SF 294.1%List $/SF 55.6%Mar 24Jan 26

Elba vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elba is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$105,000

Median Rent

$671

Total Housing Units

1,808

Vacancy Rate

21.1%

Owner Occupied

63.5%

Renter Occupied

36.5%

Median Property Tax

$409

per year

Monthly Cost (w/ Mortgage)

$585

Housing Types

Single Family
79.4%
Multi-Family
14.3%
Mobile Home
6.3%

The current median sale price in Elba, AL is $71,500 according to Redfin data. Homes spend a median of 215 days on the market. 100.0% of homes sold above asking price. The market has 10.0 months of supply. The median price per square foot is $67. The median rent is $671 per month (Census ACS). About 63.5% of housing units are owner-occupied. The median year homes were built is 1968. There are 1,808 total housing units.