Current Price

$135,696

1 Month Forecast

â–¼ $129,206

1-Year Forecast *

â–¼ $135,266

5-Year Forecast *

â–² $145,596

"Is it a good time to buy homes in Elba?" "Does investing in real estate in Elba (Alabama State, Coffee County) worth it?" According to our live Forecast System, buying a house in Elba is a bad short-term (1-year) investment*. The Elba average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elba" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elba in Alabama State, Coffee County. If you are looking for homes for sale with good flipping profit, Elba can be a bad, high-risk 1-year investment option. The median price of an average house in Elba was 135,696 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elba" area is 145,596 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +7.30% meaning that investing 100000 USD today may yield a profit of 7,296 USD by 2031.

Current Median Listing Price: 135,696 USD Median Listing Price Per Square Foot: 75 USD

Elba Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elba (Alabama State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elba Price Target

Elba median home price target in 12 months: $135,266* (downside of 0.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $131,375 $128,546 $128,546 $132,651
2024 $130,927 $135,696 $130,642 $135,696
2023 $126,883 $131,685 $126,883 $135,760
2022 $123,421 $126,134 $123,421 $128,153
2021 $111,009 $122,358 $110,730 $122,358
2020 $102,238 $111,514 $102,238 $111,594
2019 $94,493 $101,383 $94,493 $101,383
2018 $95,105 $94,090 $94,090 $96,179
2017 $90,362 $94,854 $90,362 $94,854
2016 $0 $90,140 $0 $93,906
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elba Housing Market Forecast

How much does an average home cost in Elba today?

The value of an average home (the listing price) in Elba is $135,696 USD.

What is the average price per square foot in Elba?

According to Walletinvestor the median price per square foot in Elba is 75 USD.

Will the median listing price of homes in Elba grow / rise / go up?

No. The Elba home prices may drop from 135,696 USD to 135,266 USD in one year.

Is it profitable to invest in Elba homes?

Based on our forecast, the expected return is -0.32% in one year.

Will Elba house prices fall / drop?

Yes. See above.

What is the predicted price of a Elba home in 2030?

The predicted home sales price of a Elba home in 2030 in Elba is 142,222 USD.

What is the predicted price of a Elba home in 2035?

The predicted home sales price of a Elba home in 2035 in Elba is 155,818 USD.

Will real estate prices decrease in Elba?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Elba is the 6023. largest city in the United States, located in Alabama State.

During the last 12 months the real estate prices in Coffee, Elba increased, looking at the past 12 months.

According to Walletinvestor's Elba real estate market research, home values will decrease in the next 12 months.

Median home values increased by 2.296% to 135,696 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.603% in 2021
  • 1.987% in 2022
  • 1.027% in 2023
  • 2.227% in 2024
  • 1.877% in 2025
  • 1.727% in 2026

Based on our Elba real estate market research and report the predicted sales prices will decrease by 3.129% in the next 10 years.

Over the last 12 months, the value of homes in Elba fluctuated: decreasing 4 times.

Elba (Alabama) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elba Housing Market Forecast with Real Estate Prices for 2025
August 2025 129206 120162 138250
September 2025 129869 118571 141168
October 2025 130536 119310 141762
November 2025 131206 124645 137766
December 2025 131879 123043 140715
Elba Housing Market Forecast with Real Estate Prices for 2026
January 2026 132318 120409 144226
February 2026 132921 121756 144087
March 2026 133603 126923 140284
April 2026 134289 121129 147450
May 2026 134978 126880 143077
June 2026 135390 127267 143514
July 2026 135266 122551 147981
August 2026 135419 126752 144086
September 2026 136111 125766 146455
October 2026 136809 124086 149533
November 2026 137512 124173 150850
December 2026 138217 126331 150104
Elba Housing Market Forecast with Real Estate Prices for 2027
January 2027 137870 126978 148762
February 2027 137320 127021 147619
March 2027 136773 129524 144021
April 2027 136784 123380 150189
May 2027 137486 124563 150410
June 2027 138192 124373 152011
July 2027 138901 129317 148486
August 2027 139614 131656 147572
September 2027 140331 128122 152540
October 2027 141051 133293 148809
November 2027 140947 127416 154477
December 2027 140384 129856 150913
Elba Housing Market Forecast with Real Estate Prices for 2028
January 2028 139824 127660 151989
February 2028 139267 129796 148737
March 2028 138833 126199 151466
April 2028 138528 131186 145870
May 2028 137976 130525 145427
June 2028 137676 129140 146212
July 2028 137902 124112 151692
August 2028 138610 127382 149837
September 2028 139321 130962 147680
October 2028 140036 129113 150959
November 2028 140755 131887 149622
December 2028 140993 131829 150158
Elba Housing Market Forecast with Real Estate Prices for 2029
January 2029 140634 128398 152869
February 2029 140739 131028 150450
March 2029 141016 128607 153426
April 2029 141577 129118 154036
May 2029 141012 130155 151870
June 2029 141736 132382 151091
July 2029 142222 129991 154453
August 2029 141775 131142 152408
September 2029 141209 132596 149823
October 2029 140646 129676 151617
November 2029 140085 129579 150592
December 2029 140804 131652 149956
Elba Housing Market Forecast with Real Estate Prices for 2030
January 2030 141527 127374 155679
February 2030 142253 130019 154487
March 2030 142983 130687 155280
April 2030 143717 133513 153921
May 2030 144195 134390 154000
June 2030 144853 133699 156007
July 2030 145596 132929 158263
August 2030 146344 132880 159807
September 2030 147095 133709 160480
October 2030 147544 138839 156249
November 2030 147408 134878 159937
December 2030 147575 133408 161742
Elba Housing Market Forecast with Real Estate Prices for 2031
January 2031 148329 135276 161382
February 2031 149090 141337 156843
March 2031 149855 139066 160645
April 2031 150624 136164 165084
May 2031 150246 136423 164069
June 2031 149647 139620 159673
July 2031 149050 134890 163210
August 2031 149063 138479 159646
September 2031 149828 138890 160765
October 2031 150597 138398 162795
November 2031 151370 138201 164539
December 2031 152147 139975 164318
Elba Housing Market Forecast with Real Estate Prices for 2032
January 2032 152928 140999 164856
February 2032 153712 146027 161398
March 2032 153599 140236 166962
April 2032 152986 140288 165684
May 2032 152376 142014 162737
June 2032 151768 136895 166641
July 2032 151295 137830 164760

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.