Elsa, TX

Buyer's market-40.8% YoY

Housing market overview · Updated weekly

$77,500median sale price

Homes sold

4

Last 12 weeks

Days on market

382

Average pace

Active listings

16

4.0 months supply

Sale-to-list

92.7%

Below asking

The Elsa housing market is currently classified as a buyer's market with a median sale price of $77,500. Prices have fallen 40.8% compared to last year, with homes spending an average of 382 days on market, indicating 4.0 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 Elsa

There are currently 16 homes listed for sale in Elsa, Texas. The median listing price is $243K.

Active listings

16

Homes on market

Median list price

$243K

Avg. days on market

382

Days until sale

New this week

4

Newly listed

Price drops:37.5%of listings
Sale-to-list:92.7%

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Frequently asked questions

What is the average home price in Elsa?

The median home sale price in Elsa is $77,500, down 40.8% from last year.

How long do homes stay on market in Elsa?

Homes typically spend 382 days on market before going under contract.

Is Elsa a buyer's or seller's market?

With 4.0 months of supply, Elsa is currently a buyer's market.

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