Zip 36323 (Elba, AL) Housing

Elba, AL is a small yet thriving city in the southern part of the state. The median value for housing in Elba is $111,600, which is significantly lower than the US median house value of $338,100. Despite this difference in value, Elba has seen an impressive 10.93% growth in housing appreciation over the past year; well above the national average of 8.27%. This indicates that Elba is a great place to invest in real estate and offers many opportunities for buyers looking for affordable and desirable homes.

The median home cost in Elba (zip 36323) is $111,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Elba (zip 36323) is up 12.8%.

Average Age of Homes

- The median age of Elba (zip 36323) real estate is 40 years old

The Rental Market in Elba (zip 36323)

- Renters make up 23.7% of the Elba (zip 36323) population
- 1.4% of houses and apartments in Elba (zip 36323), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elba, Alabama	United States
	3,805.0	139,647,020.0
	44	42
	$111,600	$338,100
	12.8%	16.6%
	37.3%	57.0%
	42.4%	101.1%
	$3.78	$10.98
	$321	$2,690
	60.3%	57.4%
	21.9%	11.2%
	17.7%	31.4%
Vacant Housing
	1.4%	1.9%
	0.1%	0.4%
	1.1%	0.7%
	1.4%	0.4%
	5.3%	3.6%
	12.6%	4.1%
Value of Owner-Occupied Housing
	6.9%	2.6%
	8.7%	2.4%
	12.5%	2.8%
	17.2%	3.9%
	11.3%	4.5%
	14.4%	11.3%
	12.9%	13.0%
	8.0%	20.1%
	3.5%	13.6%
	3.7%	8.3%
	0.6%	9.7%
	0.1%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.9%	13.6%
	11.9%	13.6%
	15.2%	13.6%
	10.8%	13.2%
	22.0%	14.8%
	15.2%	13.6%
	9.7%	10.0%
	3.4%	4.7%
	6.3%	12.2%

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