#570005, Leah M. Willis, Listing Office: First Call Realty of Eclectic
Elmore County Housing Market Report December 2024•Elmore County, Alabama
Housing Prices in Elmore County, AL
How much do homes in Elmore County, AL cost?
Housing Market Conditions
Is Elmore County, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elmore County is a Seller's Market
Difference Since December 2023
Since last year, Elmore County has remained a Seller's Market.
Elmore County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Elmore County have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Elmore County was $264,900 in December 2024, up 4.2% from last year, and the median price per square foot was $145.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Montgomery County | $174.4K | $184.6K | +5.9% |
Elmore County | $254.1K | $264.9K | +4.2% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | $137K | N/A |
22 Bedrooms | $125.1K | $140K | +11.9% |
33 Bedrooms | $219.6K | $235.5K | +7.2% |
44 Bedrooms | $319.9K | $324.9K | +1.6% |
55+ Bedrooms | $424.5K | $424.9K | 0.1% |
Summary: Elmore County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +11.9%. The home price for 3 bedroom homes increased by +7.2%. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes increased by 0.1%.
Housing supply in Elmore County, AL
How many homes are available in Elmore County, AL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
349Last MonthDec 2024 | ||
3312 months agoNov 2024 | +5.4 % Change MoMNov – Dec |
Summary: The Elmore County real estate market had 349 homes for sale in Dec 2024, a 5.4 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
73Last MonthDec 2024 | ||
522 months agoNov 2024 | +40.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 3 | 4 | +33.3% |
22 Bedrooms | 13 | 19 | +46.2% |
33 Bedrooms | 174 | 178 | +2.3% |
44 Bedrooms | 114 | 124 | +8.8% |
55+ Bedrooms | 27 | 24 | -11.1% |
Summary: Elmore County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +33.3%. The inventory for 2 bedroom homes increased by +46.2%. The inventory for 3 bedroom homes increased by +2.3%. The inventory for 4 bedroom homes increased by +8.8%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Elmore County, AL cost?
Over Asking Price14 Homes
At Asking Price21 Homes
Under Asking Price38 Homes
If you're buying a home in Elmore County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.
Summary: A total of 73 homes were sold or pending in Elmore County in December 2024, up by 40.4% month-over-month. Of the 73 sold homes, 52% were sold under asking, 29% were sold at asking, and and 19% were sold over asking.
Days on Market for Elmore County, AL
How long does it take to sell a home in Elmore County, AL?
Breakdown of Home Sale Times
Under 30 Days20 Homes
30 – 90 Days32 Homes
Over 90 Days21 Homes
Avg time on Rocket Homes in Elmore County has remained consistent over time.
Summary: During December 2024, 73 homes were sold in Elmore County; 27% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
69 DaysThis YearDec 2024 | ||
67 Days1 year agoDec 2023 | +4.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Elmore County had an average listing age of 69 days in Dec 2024, up by 4.1% compared to the previous year.
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Newest Listings in Elmore County, AL
What homes are available in Elmore County, AL?
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MLS Disclaimers and Copyright
Based on information from Montgomery Area Association of Realtors MLS, Lake Martin Area Association of REALTORS® MLS, Greater Alabama MLS, Lee County MLS, and Georgia MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.