The median home value in Elrod, AL is $123,750. This is lower than the county median home value of $205,900. The national median home value is $308,980. The average price of homes sold in Elrod, AL is $123,750. Approximately 71% of Elrod homes are owned, compared to 14% rented, while 14% are vacant. Elrod 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 Elrod real estate agent to arrange a tour today! Learn more about Elrod Real Estate.