Elmore, AL County has a median housing value of $227,200, which is significantly lower than the US median house value of $338,100. Despite this difference, houses in Elmore have seen an impressive appreciation rate over the past year of 14.92%, compared to an 8.27% rate nationwide. This suggests that Elmore real estate is a smart investment option for those looking to benefit from the current booming market.
The median home cost in Elmore County is $227,200. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Elmore County is up 13.3%.
Average Age of Homes
- The median age of Elmore County real estate is 25 years old
The Rental Market in Elmore County
- Renters make up 21.2% of the Elmore County population
- 1.7% of houses and apartments in Elmore County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.