Elberta, AL is a small town located in Baldwin County. It has seen a significant growth in its housing market over the past year. The median value of a house in Elberta is currently $324,300, which is slightly lower than the US median of $338,100. Despite this difference in price, Elberta has seen a much higher appreciation rate than the national average with an impressive 14.17% increase over the last year compared to 8.27% nationally. This rapid increase in home prices is indicative of the growing demand for residential real estate in Elberta and highlights the booming nature of its housing market.
The median home cost in Elberta (zip 36530) is $324,300. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Elberta (zip 36530) is up 15.3%.
Average Age of Homes
- The median age of Elberta (zip 36530) real estate is 25 years old
The Rental Market in Elberta (zip 36530)
- Renters make up 21.5% of the Elberta (zip 36530) population
- 2.8% of houses and apartments in Elberta (zip 36530), 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.