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Elrama—15038

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$94,000
0.8% YoY Growth
Household Income
$32,300
57.0% YoY Growth
Days on Market
39
613.0% Longer YoY
Home Price Forecast
-1.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Elrama

As of May '26, the median home price in Elrama is $94,000, with a year-over-year change of -0.8%. This indicates that home prices in Elrama are flat. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$94,000-0.8%
Single Family $94,000-1.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    2 Bedrooms
    54.9%
    3 Bedrooms
    31.9%
    4 Bedrooms
    13.3%

    Rental Trends — Elrama

    Elrama lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    2 Bedrooms
    80.5%
    3 Bedrooms
    19.5%

    Property Listings — Elrama

    As of May '26, Realtor.com reports that the median days on market for a home in Elrama is 39. This is a increase of 613.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$57,900-57.0%
    Listing Count
    		3133.0%
    Listings as % of HomesN/A133.0%
    Days on Market
    		39613.0%
    Loading chart...

    Demographics — Elrama

    As of the latest ACS Survey released in 2023, Elrama has a population of 268, which has decreased by -24.1% over the past 5 years. Elrama is a less popular place for families, as children make up 12.3% of the population. The area has a poorly educated workforce, with 6.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 53.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		268-24.1%
    % Under 18
    		12.3%-56.5%
    % Seniors
    		26.9%138.1%
    % WFH
    		53.0%∞%
    % w/ College Degree
    		6.4%-75.1%
    Loading chart...

    Elrama lacks sufficient race and ethnicity data for analysis.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		100.0%0.0%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%N/A
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%N/A
    Loading chart...

    Mortgage and Risk — Elrama

    Elrama lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Elrama

    Elrama lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		1.3%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$990
    2 BedroomN/AN/A$1,190
    3 BedroomN/AN/A$1,510
    4 BedroomN/AN/A$1,630

    Affordability — Elrama

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$94,000
    Median Household Income$32,300

    Elrama — ZIP Code Boundary Map

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    Frequently Asked Questions