Housing in Elgin, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$287,740

Median List Price

$297,499

Price Per Sq Ft

$138

Days on Market

151

Active Inventory

113

Months of Supply

12.6

Buyer's market

Zillow Home Value

$273,373

ZHVI — January 2026

Zillow Rent Index

$1,706

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.3%List Price 0.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

22.2%

Off Market in 2 Weeks

8.3%

Sale-to-List Ratio

95.6%

Buyer's market

Sold Above Asking
22.2%
Under Contract in 2 Wks
8.3%
Listings with Price Drops
26.6%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

18

Pending Sales

12

Homes Sold 55.0%New Listings 30.8%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$138

Median List $/SF

$189

Sale $/SF 14.8%List $/SF 2.7%Mar 24Jan 26

Elgin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Elgin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$267,900

Median Rent

$1,289

Total Housing Units

4,475

Vacancy Rate

2.3%

Owner Occupied

68.4%

Renter Occupied

31.6%

Median Property Tax

$5,432

per year

Monthly Cost (w/ Mortgage)

$1,621

Housing Types

Single Family
88.2%
Multi-Family
11.1%
Mobile Home
0.7%

The current median sale price in Elgin, TX is $287,740 according to Redfin data. Homes spend a median of 151 days on the market. 22.2% of homes sold above asking price. The market has 12.6 months of supply. The median price per square foot is $138. Zillow's observed rent index is $1,706/month. About 68.4% of housing units are owner-occupied. The median year homes were built is 1979. There are 4,475 total housing units.