36024 — Elmore County, Alabama Market Snapshot

Housing market data for zip code 36024 in Elmore County, Alabama. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Elmore County county page for broader data.

Market Sales Data

1 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$431,449

Closed sales

Days to Sell

102

Median, listing to close

Homes Sold

1

Closed in 2026

Inventory

N/A

Conforming Loan Available

Most homebuyers in 36024 can comfortably use conventional financing. The median home price of $431,449 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 102 days on average, 36024 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

Most homebuyers in 36024 can comfortably use conventional financing. The median home price of $431,449 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 36024 are set at the county level.

2026 Loan Limits — Elmore County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 36024

To purchase the median home at $431,449 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,456.

Monthly Payment

$3,456

Income Required

$148,098

Principal & Interest

$2,658/mo

Down Payment (5%)

$21,572

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 36024.

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Estimated Monthly Payment

$2,820

Principal & Interest$2,239
Property Tax$431
Insurance$150
Loan Amount$345,159
Total Interest$460,769
Income Required$120,863/yr

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