Elba, AL Real Estate

According to census data in the year 2000 there were 1,902 housing units in Elba. This represents a 8.4% growth from 1,755 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,902 were located in what is classified as a rural area.

Homeownership rate in Elba is about 65%. Elba's vacancy rate, including seasonal lodging, is about 15.8%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Elba were built after 1967.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom6.90%
Two Bedrooms30.20%
Three Bedrooms49.50%
Four Bedrooms11.30%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1966
Median Value of occupied units$69,900
Median Price asked for vacant units$20,800

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1969
Median Monthly Rent asked for vacant units$316

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan4.50%
Simple Mortgage35.60%
Debt Free57.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13%