The median home value in Elba, AL is $104,468. This is lower than the county median home value of $171,000. The national median home value is $308,980. The average price of homes sold in Elba, AL is $104,468. Approximately 54% of Elba homes are owned, compared to 31% rented, while 15% are vacant. Elba real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Elba real estate agent to arrange a tour today! Learn more about Elba Real Estate.