Elberta, AL

Buyer's market-9.3% YoY

Housing market overview · Updated weekly

$321,495median sale price

Homes sold

2

Last 12 weeks

Days on market

76

Average pace

Active listings

19

9.5 months supply

Sale-to-list

100.0%

Above asking

The Elberta housing market is currently classified as a buyer's market with a median sale price of $321,495. Prices have fallen 9.3% compared to last year, with homes spending an average of 76 days on market, indicating 9.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Elberta

There are currently 19 homes listed for sale in Elberta, Alabama. The median listing price is $577K.

Active listings

19

Homes on market

Median list price

$577K

Avg. days on market

76

Days until sale

New this week

4

Newly listed

Price drops:36.8%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Elberta?

The median home sale price in Elberta is $321,495, down 9.3% from last year.

How long do homes stay on market in Elberta?

Homes typically spend 76 days on market before going under contract.

Is Elberta a buyer's or seller's market?

With 9.5 months of supply, Elberta is currently a buyer's market.

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