Comprehensive market data and analysis• Updated Dec 2025
14.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 6 |
| 1-2 acres | - | - | - | 2 |
| 2-5 acres | 3 | 5 | 8 | 16 |
| 5-10 acres | - | 2 | 5 | 15 |
| 10-20 acres | - | 1 | 2 | 6 |
| 20-50 acres | 1 | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 9 | 18 | 46 |
Acreage buckets
The median price for land in Elkmont, Alabama is currently $19K per acre. For a typical parcel, the median sale price is $94K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $156K.
Elkmont, Alabama is currently a strong buyer's market with 14.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 233.3% year-over-year.
Elkmont, Alabama currently has 14.3 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Elkmont, Alabama is 7.0% (3-month basis), indicating slow demand. With appreciating values (+233.3% YoY), the market shows growth potential.
There are currently 43 active listings in Elkmont, Alabama. 10 new listings have hit the market in the last 90 days. The median asking price is $85K.
Land in Elkmont, Alabama typically sells within 342 days of listing. The median time on market is 160 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Elkmont, Alabama saw 46 properties sold, totaling $4.7M in sales volume. In just the last 3 months, 9 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.