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Is Elrod, AL 35458 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Elrod is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$144▼ −13.8% vs. last year

The Elrod housing market right now

In the three months ending August 31, 2026, 0% of homes in Elrod, AL 35458 sold above their list price and the typical home went under contract in 25 days. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (46 days then) and the median sale price fell 21% to $182,921. Overall, Elrod is less competitive than a year ago, which gives buyers more room.

Within Tuscaloosa County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Ralph 35480 (75% sold over asking) and Coker 35452 (60% sold over asking) are even more competitive.

Run the numbers for 35458

Prefilled for 35458Can I win this house?Multiple-offer likelihood for a listing Prefilled for 35458Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Berry 35546Seller’s market $197 /sq ftBrookwood 35444Seller’s market $176 /sq ftBuhl 35446Seller’s market $176 /sq ftCoker 35452Seller’s market $139 /sq ft Browse all markets →

Towns like Elrod nearby

Find towns like Elrod in other states →
Coker, AL35452 · 7 miles away84% similarlarger Brookwood, AL35444 · 28 miles away84% similarlarger Fosters, AL35463 · 13 miles away80% similarpricier homes ($52K more) Woodstock, AL35188 · 37 miles away79% similarpricier homes ($35K more) · larger

Where Elrod is

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Questions about Elrod real estate

How fast do homes sell in Elrod?

The typical home went under contract in 25 days in the latest three months.

Do homes in Elrod sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Elrod?

About 0.32% of a home’s value a year in Tuscaloosa County, or roughly $1,280 on a $400,000 home.

What is the median home price in Elrod?

The median sale price was $182,921 in the three months ending August 31, 2026, about $144 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology