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Elma Real Estate Market Facts

  • $54,100Median home price
    59% lower than Iowa
  • $625Median rent asked
    13% lower than Iowa
  • 67.8%Home owners
    5% lower than Iowa
  • 2.1People per home
    10% lower than Iowa

Elma Home Affordability

  • $54,100Median home price
    59% lower than Iowa
  • $37,614Median home income
    31% lower than Iowa
  • 1.4xHome price to income ratio
    41% lower than Iowa

Elma Affordability Calculator

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Elma Mortgage Calculator

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Elma Demographics

  • 562Population
  • 436People / sq mile
  • 49.6Median age
  • 1.0:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Little Cedar, IA20$0100%
New Haven, IA84$0100%
Meyer, IA0$0100%
Bassett, IA63$30,00084%
Alta Vista, IA301$45,60075%
Elma, IA562$54,10071%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
East Rochester, PA562$85,70054%
Oak Grove, IL562$10,40094%
Nunn, CO562$155,20016%
Belle Haven town, VA562$141,00024%
St. Francis, SD562$12,50093%
Elma, IA562$54,10071%
Source: The Elma, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).