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Featured local agent — Little Elm, TX
Sarah Mitchell
Compass Real Estate · Little Elm, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Little Elm, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$420,000median sale price
How is the Little Elm, TX housing market right now?
The median home sale price in Little Elm, TX is $420,000, down 10.8% year-over-year. Homes sell in an average of 61 days with 325 active listings. The market is currently a balanced 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 Little Elm a buyer's or seller's market?
Little Elm, TX is currently a balanced market, based on 3.6 months of supply and homes selling in about 61 days. How we determine this →
Homes sold
91
Last 12 weeks
Days on market
61
Average pace
Active listings
325
3.6 months supply
Sale-to-list
98.1%
Below asking
What does the Little Elm housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $420,000 |
| Median list price | $447,653 |
| Year-over-year price change | -10.8% |
| Average days on market | 61 days |
| Active inventory | 325 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $181/sq ft |
| Homes sold (latest month) | 91 |
| New listings (latest month) | 102 |
| Listings with a price cut | 38.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Little Elm by property type?
How the Little Elm, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $420,000 | $181/sq ft | 89 | 64 days |
| Townhouse | $305,000 | $147/sq ft | 2 | 12 days |
Source: Redfin · Updated monthly
The Little Elm housing market is currently classified as a balanced market with a median sale price of $420,000. Prices have fallen 10.8% compared to last year, with homes spending an average of 61 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Little Elm
There are currently 325 homes listed for sale in Little Elm, Texas. The median listing price is $448K.
Active listings
325
Homes on market
Median list price
$448K
Avg. days on market
61
Days until sale
New this week
102
Newly listed
Who lives in Little Elm?
Population
51,426
Median income
$116,036/yr
Median age
36 years
Owner-occupied
68.3%
College grads
40.6%
Avg commute
35.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Little Elm?
Zillow home value
$402,876
Zillow rent index
$2,282/mo
Price-to-rent ratio
14.7x
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Little Elm?
Little Elm is a community of approximately 51K residents with a median age of 36 years.The median household income is $116,036, which reflects a relatively affluent area with strong earning potential. 40.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 68.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Little Elm offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Little Elm?
11 schools tracked · 8,094 students
The largest public schools serving Little Elm, 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.
LITTLE ELM H S
Grades 9-12 · 2,529 students
JERRY R WALKER MIDDLE
Grades 6-8 · 930 students
LOWELL H STRIKE MIDDLE
Grades 6-8 · 929 students
ROBERTSON EL
Grades K-5 · 653 students
CATHERINE BELL EL
Grades PK-5 · 616 students
MILLER EL
Grades K-5 · 602 students
D H BRENT EL
Grades PK-5 · 582 students
LAKEVIEW EL
Grades PK-5 · 561 students
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 Little Elm, TX?
Want a head-to-head view? Compare Little Elm side-by-side with any other U.S. city using our market-comparison tool.
Is Little Elm a good real estate investment market?
For investors evaluating Little Elm, the price-to-rent ratio of 14.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 10.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Little Elm's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Little Elm's median home price.
Frequently asked questions
What is the average home price in Little Elm?
The median home sale price in Little Elm is $420,000, down 10.8% from last year.
How long do homes stay on market in Little Elm?
Homes typically spend 61 days on market before going under contract.
What is the median income in Little Elm?
The median household income is $116,036 per year.
Is Little Elm a buyer's or seller's market?
With 3.6 months of supply, Little Elm is currently a balanced market.
What is the Zillow home value estimate for Little Elm?
The Zillow Home Value Index (ZHVI) for Little Elm is $402,876, representing the typical home value in the area.
How much does a single-family home cost in Little Elm?
The median single-family home price in Little Elm, TX is $420,000 (about $181 per square foot).
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