Commercial Real Estate Market in Elmore, AL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 81 off-market properties in Elmore, AL.
Market Trends
Elmore, AL spans 12.8 square miles in Elmore County, Alabama. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elmore, AL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Elmore, AL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elmore, AL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Elmore, AL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Elmore, AL has 7,993 residents in 1,545 households. Density runs 624 people per square mile. Median household income here is $54,030 and median gross rent $1,182 a month.
7,993
Population
1,545
Households
5.2
Avg Household Size
38
Median Age
14%
College-Educated
73%
High-School Grad
12.8 sq mi
ZIP Area
624
Density / Sq Mi
$54,030
Median Household Income
$39,453
Median Earnings
$1,182
Median Rent
$167,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Coosada | — | — |
| Millbrook | — | — |
| Wetumpka | — | — |
| Deatsville | — | — |
Commercial property in Elmore, AL asks $194/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elmore?
Commercial property in Elmore, AL asks an average of $194 per square foot.
Where does Realmo's Elmore market data come from?
Realmo compiles Elmore, AL figures from 2 recent recorded sales, 7 active sale listings, 81 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 0 active for-lease listings in Elmore, AL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
