The median value of housing in Elmore, AL (36025) is $196,700 which is well below the national median value at $338,100. Despite this, the 1 year appreciation rate for housing in Elmore has been far higher than the national average; a whopping 16.13% compared to 8.27%. This suggests that Elmore is becoming an attractive area for buyers looking to get a good deal on housing in a location that still has the potential for strong future appreciation.
The median home cost in Elmore (zip 36025) is $196,700. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Elmore (zip 36025) is up 13.3%.
Average Age of Homes
- The median age of Elmore (zip 36025) real estate is 23 years old
The Rental Market in Elmore (zip 36025)
- Renters make up 32.8% of the Elmore (zip 36025) population
- 5.3% of houses and apartments in Elmore (zip 36025), 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.