Elmore County, Alabama Housing Market
In Elmore County, Alabama, the median home value is $223,900, with a median monthly rent of $1,071. This places Elmore County at #1139 nationally out of 3134 counties by median home value, and #9 within Alabama.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $915
- Establishments: 1,802
- BLS QCEW, 2025
Housing Supply
- Single-family: 140
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 32,812 (avg $74,602)
- Outflow: 30,939 (avg $73,701)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Elmore County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 36025 | 183.0 | +9.87% | 2025 |
| 2 | 36024 | 300.8 | +13.04% | 2025 |
| 3 | 36054 | 194.7 | +2.32% | 2025 |
| 4 | 36092 | 205.0 | +7.09% | 2025 |
| 5 | 36093 | 183.2 | +5.35% | 2025 |
| 6 | 36078 | 217.3 | +4.20% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Elmore County Compares
| Metric | Elmore County | Alabama Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $223,900 | $159,659 | $227,706 |
| Median Gross Rent | $1,071 | $820 | $968 |
| Owner Occupancy Rate | 77.0% | 73.2% | 73.3% |
| Price/Rent Ratio | 17.4 | 16.0 | 18.7 |
Market Analysis
The median home value in Elmore County is 40.2% above the Alabama state average and 1.7% below the U.S. national average. The median rent of $1,071/month is 30.6% above the state average.
With a price-to-rent ratio of 17.4, the buy-vs-rent decision in Elmore County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Elmore County has an owner-occupancy rate of 77.0%, compared to 73.2% in Alabama and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Platte County | Nebraska | $223,900 | $897 |
| Marion County | Indiana | $224,000 | $1,153 |
| Vernon County | Wisconsin | $223,800 | $836 |
| Hickman County | Tennessee | $224,100 | $893 |
| Mills County | Texas | $223,700 | $708 |
Other Counties in Alabama
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| St. Clair County | $226,300 | $1,084 | 82.6% |
| Morgan County | $212,000 | $864 | 72.7% |
| Jefferson County | $240,000 | $1,193 | 63.9% |
| Autauga County | $207,200 | $1,263 | 77.1% |
| Marshall County | $201,500 | $795 | 75.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).