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Elba, AL
Full City Profile · Alabama · Covington County County
2.7
/5.0
C+
Fair
3,459
Population
225/sq mi density
$41,310
Median Income
$21,366 per capita
$105,000
Home Value
$135,429 Zillow
$671
Median Rent
26.7% income on rent
69°F
Avg Temperature
306 sunny days/yr
282
Violent Crime/100K
2,770 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$41,310 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$105,000 home value, $671/mo rent
F
Safety
1.0 / 5.0
282 violent crimes/100K
D
Education
1.8 / 5.0
10.0% bachelor's degree or higher
Housing Overview
Median Home Value
$105,000
63% below
US avg: $281,900
Median Rent
$671/mo
42% below
US avg: $1,163/mo
Homeownership Rate
63.5%
3% below US avg (65.4%)
Total Housing Units
1,784
Median year built: 1970
Home Value by Source
Census Median
$105,000
Zillow (ZHVI)
$135,429
Median Sale Price
$55,000
Median List Price
$229,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.5%
Owner-Occupied
36.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$716/mo
1 Bedroom
$772/mo
2 Bedroom
$936/mo
3 Bedroom
$1,206/mo
4 Bedroom
$1,381/mo
Census median rent:
$671/mo
Market Indicators (Redfin)
Median Days on Market
196 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$30
Active Inventory
22
homes for sale
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
63.5%
Complete Housing Data
Home Values
| Census Median Value | $105,000 |
| Zillow Home Value (ZHVI) | $135,429 |
| Median Sale Price | $55,000 |
| Median List Price | $229,000 |
| Price Per Sq Ft | $30 |
Rent
| Census Median Rent | $671 |
| FMR Studio | $716 |
| FMR 1-Bedroom | $772 |
| FMR 2-Bedroom | $936 |
| FMR 3-Bedroom | $1,206 |
| FMR 4-Bedroom | $1,381 |
Market
| Days on Market | 196 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 18.2% |
| Homes Sold | 1 |
| Active Inventory | 22 |
| Price Per Sq Ft | $30 |
Ownership & Stock
| Owner-Occupied | 63.5% |
| Renter-Occupied | 36.5% |
| Homeownership Rate | 63.5% |
| Total Housing Units | 1,784 |
| Median Year Built | 1970 |
| Rent Burden | 26.7% |