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Featured local agent — El Lago, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · El Lago, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

El Lago, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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El Lago, TX Housing Market & Real Estate

Buyer's market+56.3% YoY

Housing market overview · Updated monthly ·

$475,000median sale price

How is the El Lago, TX housing market right now?

The median home sale price in El Lago, TX is $475,000, up 56.3% year-over-year. Homes sell in an average of 210 days with 26 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is El Lago a buyer's or seller's market?

Buyer's market5.2 months of supply210 avg. days on market

El Lago, TX is currently a buyer's market, based on 5.2 months of supply and homes selling in about 210 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

210

Average pace

Active listings

26

5.2 months supply

Sale-to-list

96.1%

Below asking

What does the El Lago housing market data show?

Current housing market statistics for El Lago, TX
MetricValue
Median sale price$475,000
Median list price$369,900
Year-over-year price change+56.3%
Average days on market210 days
Active inventory26 listings
Months of supply5.2 months
Sale-to-list price ratio96.1%
Median price per sq ft$237/sq ft
Homes sold (latest month)5
New listings (latest month)13
Listings with a price cut38.5%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in El Lago by property type?

How the El Lago, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in El Lago, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$475,000$237/sq ft5210 days
Condo / Co-op$133,750$199/sq ft269 days
Townhouse$437,000$153/sq ft126 days

Source: Redfin · Updated monthly

The El Lago housing market is currently classified as a buyer's market with a median sale price of $475,000. Prices have risen 56.3% compared to last year, with homes spending an average of 210 days on market, indicating 5.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.

Homes for sale in El Lago

There are currently 26 homes listed for sale in El Lago, Texas. The median listing price is $370K.

Active listings

26

Homes on market

Median list price

$370K

Avg. days on market

210

Days until sale

New this week

13

Newly listed

Price drops:38.5%of listings
Sale-to-list:96.1%

Who lives in El Lago?

Population

3,016

Median income

$104,375/yr

Median age

44.1 years

Owner-occupied

89.4%

College grads

51.5%

Avg commute

32.3 min

Source: U.S. Census Bureau ACS

What are homes worth in El Lago?

Zillow home value

$317,768

Price-to-income

3.0x

Source: Zillow Research

What is it like to live in El Lago?

El Lago is a community of approximately 3K residents with a median age of 44.1 years.The median household income is $104,375, which reflects a relatively affluent area with strong earning potential. 51.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 89.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, El Lago offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve 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

Charter

ED H WHITE EL

Grades PK-5 · 613 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near El Lago, TX?

Want a head-to-head view? Compare El Lago side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in El Lago?

The median home sale price in El Lago is $475,000, up 56.3% from last year.

How long do homes stay on market in El Lago?

Homes typically spend 210 days on market before going under contract.

What is the median income in El Lago?

The median household income is $104,375 per year.

Is El Lago a buyer's or seller's market?

With 5.2 months of supply, El Lago is currently a buyer's market.

What is the Zillow home value estimate for El Lago?

The Zillow Home Value Index (ZHVI) for El Lago is $317,768, representing the typical home value in the area.

What is the median condo price in El Lago?

The median condo/co-op sale price in El Lago, TX is $133,750, compared to $475,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in El Lago?

The median single-family home price in El Lago, TX is $475,000 (about $237 per square foot).

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