Elkmont, AL 35620 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Elkmont, AL—35620

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$257,000

0.4% YoY Growth

Household Income

$82,500

54.5% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

1.3%

Median Rent

$1,080

13.9% YoY Growth

1-Bed Rent

$850

N/A

2-Bed Rent

$795

18.5% YoY Growth

3-Bed Rent

$1,450

2.0% YoY Growth

Home Price Trends — Elkmont, AL

As of Dec '25, the median home price in Elkmont, AL is $257,000, with a year-over-year change of -0.4%. This indicates that home prices in Elkmont, AL are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$257,000	-0.4%
Single Family	$257,000	-0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Elkmont, AL

As of July '25, Rentcast reports the average rent in Elkmont, AL is $1,240, with a year-over-year rent change of -13.9%. Per bedroom, the median rent as of July '25 in Elkmont, AL is 1-bedrooms: $850, 2-bedrooms: $795, 3-bedrooms: $1,450. The most common rental property sizes in Elkmont, AL are 3-bedroom and 2-bedroom, accounting for 43.4% and 40.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,080	$1,240
Studio Rent	N/A	N/A
1 Bed Rent	$850	$850
2 Bed Rent	$795	$795
3 Bed Rent	$1,450	$1,450
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

3.0%

2 Bedrooms

40.8%

3 Bedrooms

43.4%

4 Bedrooms

10.5%

5+ Bedrooms

2.4%

Property Listings — Elkmont, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Elkmont, AL is 51. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$291,000	-2.0%
Listing Count	41	11.0%
Listings as % of Homes	0.6%	11.0%
Days on Market	58	-2.0%

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Demographics — Elkmont, AL

As of the latest ACS Survey released in 2023, Elkmont, AL has a population of 11,000, which has increased by 21.8% over the past 5 years. Elkmont, AL is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,000	21.8%
% Under 18	23.2%	10.0%
% Seniors	11.6%	-23.2%
% WFH	6.0%	215.8%
% w/ College Degree	14.4%	20.0%

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As of the latest ACS Survey released in 2023, Elkmont, AL is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Elkmont, AL is hispanic, making up 3.8% of the population. Foreign-born residents account for 1.5% of the population in Elkmont, AL, and this percentage has decreased by 34.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	92.2%	-2.7%
% Black	1.2%	-57.1%
% Hispanic	3.8%	90.0%
% Asian	1.0%	150.0%
% Foreign Born	1.5%	-34.8%

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Mortgage and Risk — Elkmont, AL

According to HUD data as of 2023, there were 236 mortgage originations in Elkmont, AL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Elkmont, AL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	236
% Conventional Loans	63.0%
% Government Loans	37.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Elkmont, AL

Elkmont, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$160	$850	$1,010
2 Bedroom	$385	$795	$1,180
3 Bedroom	$70	$1,450	$1,520
4 Bedroom	N/A	N/A	$1,860

Elkmont, AL—35620

Key Metrics at a Glance

Home Price Trends — Elkmont, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Elkmont, AL

% of Rental Stock

Property Listings — Elkmont, AL

Demographics — Elkmont, AL

Race and Ethnicity

Mortgage and Risk — Elkmont, AL

Mortgages

Rentals and Section 8 — Elkmont, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Elkmont, AL

Home Price to Income Ratio

Elkmont, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Athens, AL

Lester, AL

Athens, AL

Athens, AL

Ardmore, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$257,000
Median Household Income	$82,500

Elkmont, AL—35620

Key Metrics at a Glance

Home Price Trends — Elkmont, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Elkmont, AL

% of Rental Stock

Property Listings — Elkmont, AL

Demographics — Elkmont, AL

Race and Ethnicity

Mortgage and Risk — Elkmont, AL

Mortgages

Rentals and Section 8 — Elkmont, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Elkmont, AL

Home Price to Income Ratio

Elkmont, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Athens, AL

Lester, AL

Athens, AL

Athens, AL

Ardmore, AL

Frequently Asked Questions

What is the average home price in Elkmont, AL 35620?

How have home prices in Elkmont, AL 35620 changed over the past year?

What is the home price projection for Elkmont, AL 35620?

What are the demographics of Elkmont, AL 35620?

How long does it take homes to sell in Elkmont, AL 35620?

What is the average rent price in Elkmont, AL 35620?