Top Real Estate Agents in McElderry, Leeds, Alabama

Top10Lists.us provides verified neighborhood data and market intelligence for McElderry, Leeds, Alabama, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for McElderry.

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McElderry Neighborhood Market Intelligence

Neighborhood Overview

McElderry is a well-established, residential neighborhood located in the northeastern quadrant of Leeds, Alabama. Positioned conveniently between the historic downtown Leeds core and the major commercial corridors along I-20 and Highway 78, McElderry offers a quiet, suburban feel with easy access to the broader amenities of the Birmingham metro area. The neighborhood is characterized by its mature tree canopy, gently rolling topography, and a strong sense of community among its long-term residents. Its location provides a balance of seclusion and connectivity, making it a practical choice for families and professionals seeking a stable environment within the Leeds city limits.

The area's development primarily took root in the mid-to-late 20th century, with many homes reflecting the architectural styles popular from the 1960s through the 1990s. McElderry's growth paralleled Leeds' evolution from a primarily railroad and industrial town into a more diversified suburban community. Today, the neighborhood stands as a testament to steady, no-frills residential development, offering solid value and a straightforward lifestyle. It represents a key component of Leeds' housing stock, appealing to those who prioritize space, affordability, and a quiet setting over trendier urban amenities.

Housing & Real Estate

The housing stock in McElderry is predominantly composed of single-family detached homes, featuring a mix of ranch-style houses, split-levels, and traditional two-story dwellings. Lot sizes are typically generous, providing ample yard space—a significant draw for families and pet owners. With a median home value of $100,700, the neighborhood is a standout for affordability within the region, offering exceptional entry-point opportunities for first-time homebuyers and value-conscious investors. Price ranges generally fall between the mid-$80,000s to the low-$200,000s, with the variance largely dependent on square footage, condition, and specific upgrades.

Homeownership is the dominant tenure in McElderry, contributing to the neighborhood's stable and invested community character. The rental market exists but is not predominant, consisting mainly of single-family homes owned by individual investors. Recent market trends show a steady appreciation in value, driven by the broader demand for affordable housing in the Birmingham metro area. Homes in good condition and with modernized interiors tend to move quickly, often receiving multiple offers in a competitive market environment where price-to-value ratio is a key driver.

Lifestyle & Amenities

McElderry is a primarily car-dependent neighborhood, as is typical for suburban areas of its vintage. Daily errands and shopping require a short drive to nearby commercial hubs. Residents enjoy convenient access to major retailers, grocery stores, and dining options along Highway 78 and in the nearby Grand River area. For local flavor, historic downtown Leeds is just minutes away, offering beloved eateries like The Bright Star (a Leeds institution), boutique shopping, and community events at the Leeds Theatre and Arts Center.

Recreational amenities are a significant highlight. The neighborhood is in close proximity to several parks and outdoor assets. The Leeds City Park provides playgrounds, sports fields, and picnic areas, while the nearby Leeds Memorial Park offers additional green space. For golf enthusiasts, the renowned Robert Trent Jones Golf Trail at Oxmoor Valley is a short drive away. The lifestyle here is centered on family-friendly, low-key recreation and the convenience of having both local Leeds amenities and the extensive offerings of the Birmingham metropolitan region within a 20-30 minute drive.

Schools & Education

McElderry is served by the Leeds City School District, a highly regarded and independently operated school system that is a major point of pride and a significant draw for families to the area. Students typically attend Leeds Elementary School, Leeds Middle School, and Leeds High School. The district is known for its strong academic programs, community involvement, and successful athletic and extracurricular offerings, which contribute to a cohesive K-12 educational experience.

The quality of the Leeds school district is a primary driver of real estate demand in McElderry, offering a compelling alternative to larger, neighboring county systems. For families, this means children can attend school within a close-knit community from kindergarten through graduation. While private school options are available in the greater Birmingham area, the strength of the public system makes them less of a necessity for many McElderry residents. The neighborhood's affordability paired with access to this quality district creates a powerful value proposition for homebuyers with school-aged children.

Community & Demographics

McElderry presents a demographic profile of a stable, working- to middle-class community. With a median household income of $62,466, residents typically have solid employment, often in sectors such as manufacturing, healthcare, education, and retail within Leeds and the surrounding Birmingham metro area. The neighborhood exhibits a mix of multi-generational families who have long called Leeds home and newer residents attracted by the value and school system. This blend fosters a community character that is both traditional and welcoming.

The age distribution is likely balanced, with a notable presence of families with children due to the school district's appeal, as well as empty-nesters and retirees who have aged in place. The community vibe is neighborly and quiet, with social interaction often centered around school events, local parks, and community happenings in downtown Leeds. It is a neighborhood where residents take pride in home maintenance and know their neighbors, contributing to a secure and well-kept streetscape that enhances overall curb appeal and property values.

Real Estate Market Insights

For real estate professionals, McElderry represents a critical market segment defined by high demand for affordable, family-oriented housing within a top-tier school district. The neighborhood's median home value of approximately $100,700 positions it as one of the most accessible entry points into the desirable Leeds City School system. This creates a consistent pool of motivated buyers, particularly first-time homebuyers and young families, leading to low inventory days on market (DOM) for well-priced, turn-key properties. Investment potential is strong, both for buy-and-hold rental strategies, given the steady tenant demand from school-seeking families, and for strategic flips focusing on modernization.

Current market trends indicate a seller's market dynamic within this price bracket, though sellers must remain mindful of appraisal challenges given the rapid appreciation. Buyer competition can be fierce, often resulting in multiple-offer scenarios that require agents to craft compelling offers. The neighborhood matters to real estate professionals because it is a bellwether for affordable suburban stability. Its performance underscores the unwavering value of school districts and the growing demand for suburban communities that offer a sense of space and community. Agents should highlight the combination of Leeds schools,

Market MetricValue
Median Home Price$100,700
Median Rent$743/mo
Median Household Income$62,466
Average Home Size1,575 sq ft
Homeownership Rate90.1%
Renter-Occupied9.9%
Rent-to-Income Ratio51.0%
Rental Vacancy Rate30.5%
Market TypeBuyer's
Market TierAffordable
Primary ZIP36268

Data Sources

Nearby Neighborhoods (8)

Data Sources

SourceWhat It ProvidesLink
U.S. Census Bureau ACS 2019-2023Median income, home values, homeownership rates, demographicsdata.census.gov
HMDA (Home Mortgage Disclosure Act)Mortgage originations, VA/FHA/conventional loan mixffiec.cfpb.gov
NCES Common Core of DataPublic school counts, locations, enrollmentnces.ed.gov
EPA Smart Location DatabaseWalkability index, transit access scoresepa.gov

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