Eldridge, AL—35554
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eldridge, AL
Eldridge, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $112,000 | -1.1% |
| Single Family | $112,000 | -3.4% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eldridge, AL
Eldridge, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eldridge, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Eldridge, AL is 104. This is a decrease of -35.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $145,000 | 31.0% |
Listing Count | 2 | -55.0% |
| Listings as % of Homes | 0.3% | -55.0% |
Days on Market | 104 | -35.0% |
Demographics — Eldridge, AL
As of the latest ACS Survey released in 2023, Eldridge, AL has a population of 1,190, which has increased by 13.2% over the past 5 years. Eldridge, AL is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 14.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,190 | 13.2% |
% Under 18 | 21.5% | -4.4% |
% Seniors | 23.3% | 67.6% |
% WFH | 0.0% | N/A |
% w/ College Degree | 14.7% | 345.5% |
As of the latest ACS Survey released in 2023, Eldridge, AL is a predominantly white area, with 91.4% 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 Eldridge, AL is hispanic, making up 5.2% of the population. Foreign-born residents account for 0.1% of the population in Eldridge, AL, and this percentage has decreased by 75.0% 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 | 91.4% | -5.3% |
% Black | 1.3% | -51.9% |
% Hispanic | 5.2% | 5,100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -75.0% |
Mortgage and Risk — Eldridge, AL
According to HUD data as of 2023, there were 13 mortgage originations in Eldridge, AL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Eldridge, AL. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 13 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Eldridge, AL
Eldridge, 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 | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Eldridge, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $112,000 |
| Median Household Income | $45,000 |