Home prices
Elba's median home value is $77,800. Compared to nearby areas it is about $29,160 (27%) lower.In comparison to the country as a whole it is approximately $139,700 (64%) lower, and it is about $43,400 (35%) lower compared to the city of Montgomery.
Rents
In Elba the median rent is $627 a month. It is roughly $7 (1%) higher in comparison to its surrounding areas.It is approximately $435 (40%) lower in comparison to the nation as a whole, and compared to the city of Montgomery is approximately $254 (28%) lower.
Nearby places
New Brockton
New Brockton is approximately 8 miles east from Elba. The real estate prices there are a bit more expensive. New Brockton's median home value is $106,500, which works out to $28,700 (26%) higher than Elba. Its rents are fairly similar. The median rent in New Brockton is $656 per month, which is $29 (4%) higher than Elba.
Opp
Opp is roughly 13 miles southwest of Elba. The housing prices there are a bit more expensive. The median home price in Opp is $88,100, which is $10,300 (11%) higher than Elba. Rent there is fairly similar. The median monthly rent in Opp is $604, which is $23 (3%) lower than Elba.
Enterprise
Enterprise is about 13 miles southeast of Elba. Real estate prices there are a lot more expensive. The median home in Enterprise costs $170,100, which comes out to $92,300 (54%) higher than Elba. Rent there is somewhat more expensive. The median rent in Enterprise is $882 per month, which is $255 (28%) higher than Elba.
Babbie
Babbie is roughly 15 miles southwest of Elba. The real estate prices there are similar. The median home in Babbie is valued at $80,800, which is $3,000 (3%) higher than Elba. Its rents are a bit less expensive. The median monthly rent in Babbie is $525, which is $102 (19%) lower than Elba.
Brantley
Brantley is approximately 15 miles northwest from Elba. Housing prices there are somewhat more expensive. The median home value in Brantley is $89,300, which comes out to $11,500 (12%) higher than Elba. Its rents are a lot less expensive. Brantley's median rent is $434 per month, which is $193 (44%) lower than Elba.
