Elmore, AL—36025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Elmore, AL
As of Oct '25, the median home price in Elmore, AL is $231,000, with a year-over-year change of 4.5%. This indicates that home prices in Elmore, AL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $231,000 | 4.5% |
| Single Family | $236,000 | 5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $232,000 | 5.9% |
4 Bed | $270,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Elmore, AL
As of July '25, Rentcast reports the average rent in Elmore, AL is $1,620, with a year-over-year rent change of 24.6%. Per bedroom, the median rent as of July '25 in Elmore, AL is 2-bedrooms: $1,100, 3-bedrooms: $1,610, 4-bedrooms: $1,900. The most common rental property sizes in Elmore, AL are 3-bedroom and 4-bedroom, accounting for 75.4% and 16.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,780 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,780 | $1,610 |
| 4 Bed Rent | $1,880 | $1,900 |
% of Rental Stock
Property Listings — Elmore, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Elmore, AL is 47. This is a increase of 16.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $258,000 | 13.0% |
Listing Count | 14 | 3.0% |
| Listings as % of Homes | 0.1% | 3.0% |
Days on Market | 47 | 16.0% |
Demographics — Elmore, AL
As of the latest ACS Survey released in 2023, Elmore, AL has a population of 7,080, which has increased by 4.8% over the past 5 years. Elmore, AL is a moderately popular place for families, as children make up 17.8% 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 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,080 | 4.8% |
% Under 18 | 17.8% | 45.9% |
% Seniors | 11.4% | 16.3% |
% WFH | 6.9% | 430.8% |
% w/ College Degree | 14.4% | 22.0% |
As of the latest ACS Survey released in 2023, Elmore, AL is a predominantly white area, with 51.5% of the population identifying as white. The white population has grown by 9.3% in the last 5 years. The second most common race or ethnicity in Elmore, AL is black, making up 44.0% of the population. Foreign-born residents account for 3.4% of the population in Elmore, AL, and this percentage has decreased by 12.8% 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 | 51.5% | 9.3% |
% Black | 44.0% | 4.8% |
% Hispanic | 2.7% | -69.7% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 3.4% | -12.8% |
Mortgage and Risk — Elmore, AL
According to HUD data as of 2023, there were 113 mortgage originations in Elmore, AL, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Elmore, AL. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Elmore, AL
Elmore, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | $0 | $1,100 | $1,100 |
| 3 Bedroom | -$380 | $1,780 | $1,400 |
| 4 Bedroom | -$140 | $1,880 | $1,740 |
Affordability — Elmore, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $231,000 |
| Median Household Income | $54,000 |