Photo: Public domain · Public domain29 homes sold in Elba in the last year, at a typical $115K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Elba homes are listed.
Every place Elba homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Elba.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Elba’s sales, at a typical $115K
29 homes sold in the year to May 2026.
typical sale · 29 sold in 12 months
- Per square foot
- $74AL $155
- Days to sell
- 104
- Sold over asking
- 24%
- Listings with a price cut
- 26%
About as many homes sell as usual, at 1.6 times the 2016 price
29 sales in the last year, against 39 in 2021 and a low of 16 in 2015. The typical sale went from $74K in 2016 to $115K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Elba
Check a listing against what Elba homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Elba are more common than before the pandemic, but 29% fewer homes come up for sale
We read every month of Elba’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 29 sales.
If you’re buying in Elba
- Shop in November. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- Offer under asking. Buyers paid 93.7% of the list price on average; 24% paid over.
- You’ll usually have time. Only 13% of homes go under contract within two weeks; the typical one takes 104 days.
Spring brings the homes; winter brings the bidding wars
March has the most new listings (about 4 a month), but January is the most competitive: 24% of January sales close over asking. November offers nearly as much choice with fewer homes bid up (0%). February has the least competition (0%).
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Alabama
| Elba now | 2017–19 | 2021 peak | AL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 24% | 8% | 8% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 13% | 0% | 3% | 26% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | — | 23% |
| Price paid vs. askingAverage sale price ÷ list price | 93.7% | 91.9% | 94.5% | 97.4% |
| Days to sellMedian days from listing to contract | 104 | 202 | 103 | 66 |
14 homes for sale on a typical day
That’s 1.6 times the 2023 low (9), 29% fewer than in 2017–19 and well under 2019’s 22.
1 in 4 listings has cut its price
26% in the last year, against — in 2017–19 and 23% across Alabama.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Elba home costs about $636 a month
Price: Elba’s typical sale, last 12 months. Property tax at Elba’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elba is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $115K home, about $430 a year.
Taxes vs. neighborsSchools
The schools grade for Elba, from test results, graduation and how much students grow.
Schools in ElbaCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Enterprise, Level Plains and Daleville for far more
The busier markets within 25 miles of Elba, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Enterprise | 538 | $265K | $143 | 12% | 61 |
| Daleville | 57 | $163K | $112 | 11% | 65 |
| Elba | 29 | $115K | $74 | 24% | 104 |
| Level Plains | 20 | $247K | $133 | 25% | 88 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Elba, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elba. People who follow the town see it, and so do people comparing Elba with their own town. No commission, no listing fee.
Questions about buying a home in Elba
What do homes sell for in Elba, AL?
29 homes sold in the year to May 2026 at a typical $115K, $74 a square foot.
Is Elba a buyer’s or seller’s market?
A balanced market: 14 homes were for sale in May 2026 and 3 sold, about 4.7 months of supply. Buyers paid 93.7% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Elba?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Elba?
About 0.4% of a home’s value a year. On a $115K home that’s near $430.
Where can I see homes for sale in Elba?
Zillow, Redfin, Realtor.com and Homes.com all carry Elba’s MLS listings; the search links above open each one filtered to Elba.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).