Elgin, TX
Housing market overview · Updated weekly
$249,950median sale price
Homes sold
12
Last 12 weeks
Days on market
82
Average pace
Active listings
131
10.9 months supply
Sale-to-list
96.4%
Below asking
The Elgin housing market is currently classified as a buyer's market with a median sale price of $249,950. Prices have fallen 23.5% compared to last year, with homes spending an average of 82 days on market, indicating 10.9 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 Elgin
There are currently 131 homes listed for sale in Elgin, Texas. The median listing price is $300K.
Active listings
131
Homes on market
Median list price
$300K
Avg. days on market
82
Days until sale
New this week
41
Newly listed
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Frequently asked questions
What is the average home price in Elgin?
The median home sale price in Elgin is $249,950, down 23.5% from last year.
How long do homes stay on market in Elgin?
Homes typically spend 82 days on market before going under contract.
Is Elgin a buyer's or seller's market?
With 10.9 months of supply, Elgin is currently a buyer's market.
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