El Lago, TX Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in El Lago, TX is $309,000, down 88.9% year-over-year. Homes sell in an average of 267 days with 20 active listings. The market is currently a buyer's market.
$309,000median sale price
Is El Lago a buyer's or seller's market?
El Lago, TX is currently a buyer's market, based on 6.7 months of supply and homes selling in about 267 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
267
Average pace
Active listings
20
6.7 months supply
Sale-to-list
96.0%
Below asking
El Lago, TX market data
| Metric | Value |
|---|---|
| Median sale price | $309,000 |
| Median list price | $362,500 |
| Year-over-year price change | -88.9% |
| Average days on market | 267 days |
| Active inventory | 20 listings |
| Months of supply | 6.7 months |
| Sale-to-list price ratio | 96.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The El Lago housing market is currently classified as a buyer's market with a median sale price of $309,000. Prices have fallen 88.9% compared to last year, with homes spending an average of 267 days on market, indicating 6.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in El Lago
There are currently 20 homes listed for sale in El Lago, Texas. The median listing price is $363K.
Active listings
20
Homes on market
Median list price
$363K
Avg. days on market
267
Days until sale
New this week
6
Newly listed
Top public schools in El Lago
2 schools tracked · 1,331 students
The largest public schools serving El Lago, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ODYSSEY ACADEMY - BAY AREA
Grades PK-8 · 718 students
ED H WHITE EL
Grades PK-5 · 613 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in El Lago?
The median home sale price in El Lago is $309,000, down 88.9% from last year.
How long do homes stay on market in El Lago?
Homes typically spend 267 days on market before going under contract.
Is El Lago a buyer's or seller's market?
With 6.7 months of supply, El Lago is currently a buyer's market.
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