Elberta, AL 36530 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Elberta, AL—36530

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$345,000

0.8% YoY Growth

Household Income

$59,300

25.2% YoY Growth

Days on Market

24.0% Shorter YoY

Home Price Forecast

0.8%

Median Rent

$1,500

6.2% YoY Growth

1-Bed Rent

$1,500

N/A

2-Bed Rent

$1,200

5.4% YoY Growth

3-Bed Rent

$1,750

4.9% YoY Growth

Home Price Trends — Elberta, AL

As of Dec '25, the median home price in Elberta, AL is $345,000, with a year-over-year change of 0.8%. This indicates that home prices in Elberta, AL are flat. 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	$345,000	0.8%
Single Family	$345,000	0.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Elberta, AL

As of July '25, Rentcast reports the average rent in Elberta, AL is $1,540, with a year-over-year rent change of 6.2%. Per bedroom, the median rent as of July '25 in Elberta, AL is 1-bedrooms: $1,500, 2-bedrooms: $1,220, 3-bedrooms: $1,760, 4-bedrooms: $1,550. The most common rental property sizes in Elberta, AL are 3-bedroom and 2-bedroom, accounting for 45.0% and 32.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,540
Studio Rent	N/A	N/A
1 Bed Rent	$1,500	$1,500
2 Bed Rent	$1,200	$1,220
3 Bed Rent	$1,750	$1,760
4 Bed Rent	$1,550	$1,550

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% of Rental Stock

Studio

4.9%

1 Bedroom

7.6%

2 Bedrooms

32.1%

3 Bedrooms

45.0%

4 Bedrooms

10.4%

Property Listings — Elberta, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Elberta, AL is 78. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$454,000	-7.0%
Listing Count	66	-10.0%
Listings as % of Homes	0.9%	-10.0%
Days on Market	74	-24.0%

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Demographics — Elberta, AL

As of the latest ACS Survey released in 2023, Elberta, AL has a population of 6,820, which has decreased by -1.7% over the past 5 years. Elberta, AL is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,820	-1.7%
% Under 18	16.8%	-16.0%
% Seniors	22.7%	6.6%
% WFH	8.2%	5.1%
% w/ College Degree	19.5%	-11.4%

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As of the latest ACS Survey released in 2023, Elberta, AL is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Elberta, AL is hispanic, making up 4.0% of the population. Foreign-born residents account for 3.1% of the population in Elberta, AL, and this percentage has increased by 158.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.5%	-5.3%
% Black	0.2%	-33.3%
% Hispanic	4.0%	100.0%
% Asian	0.5%	∞%
% Foreign Born	3.1%	158.3%

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Mortgage and Risk — Elberta, AL

According to HUD data as of 2023, there were 160 mortgage originations in Elberta, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Elberta, AL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	160
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	1.0%
% Second Loans	6.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Elberta, AL

As of 2024, the percent of homes in Elberta, AL under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Elberta, AL, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	5
Total Units Section 8	5
% Rentals under Section 8	1.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$540	$1,500	$960
2 Bedroom	$30	$1,200	$1,230
3 Bedroom	-$240	$1,750	$1,510
4 Bedroom	$360	$1,550	$1,910

Elberta, AL—36530

Key Metrics at a Glance

Home Price Trends — Elberta, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Elberta, AL

% of Rental Stock

Property Listings — Elberta, AL

Demographics — Elberta, AL

Race and Ethnicity

Mortgage and Risk — Elberta, AL

Mortgages

Rentals and Section 8 — Elberta, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Elberta, AL

Home Price to Income Ratio

Elberta, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Lillian, AL

Robertsdale, AL

Orange Beach, AL

Summerdale, AL

Foley, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.4
Median Home Price	$345,000
Median Household Income	$59,300

Elberta, AL—36530

Key Metrics at a Glance

Home Price Trends — Elberta, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Elberta, AL

% of Rental Stock

Property Listings — Elberta, AL

Demographics — Elberta, AL

Race and Ethnicity

Mortgage and Risk — Elberta, AL

Mortgages

Rentals and Section 8 — Elberta, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Elberta, AL

Home Price to Income Ratio

Elberta, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Lillian, AL

Robertsdale, AL

Orange Beach, AL

Summerdale, AL

Foley, AL

Frequently Asked Questions

What is the average home price in Elberta, AL 36530?

How have home prices in Elberta, AL 36530 changed over the past year?

What is the home price projection for Elberta, AL 36530?

What are the demographics of Elberta, AL 36530?

How long does it take homes to sell in Elberta, AL 36530?

What is the average rent price in Elberta, AL 36530?