#2985744, Kaylee Sutton, Listing Office: Land Unlimited
Elgin Housing Market Report January 2025•Bastrop County, Texas
Housing Prices in Elgin, TX
How much do homes in Elgin, TX cost?
Housing Market Conditions
Is Elgin, TX a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elgin is a Buyer's Market
Difference Since January 2024
Since last year, Elgin has remained a Buyer's Market.
Elgin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Elgin has remained the same since last year.
Summary: The median home sold price in Elgin was $313,772 in January 2025, down 0.4% from last year, and the median price per square foot was $188.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Northeast Travis | $370.1K | $370.3K | 0.1% |
Elgin | $315K | $313.7K | -0.4% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $165K | $280K | +69.7% |
22 Bedrooms | $275K | $264.2K | -3.9% |
33 Bedrooms | $304.5K | $309.9K | +1.8% |
44 Bedrooms | $337.9K | $327.4K | -3.1% |
55+ Bedrooms | $375K | $394.9K | +5.3% |
Summary: Elgin housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +69.7%. The home price for 2 bedroom homes decreased by -3.9%. The home price for 3 bedroom homes increased by +1.8%. The home price for 4 bedroom homes decreased by -3.1%. The home price for 5 bedroom homes increased by +5.3%.
Housing supply in Elgin, TX
How many homes are available in Elgin, TX?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
131Last MonthJan 2025 | ||
1162 months agoDec 2024 | +12.9 % Change MoMDec – Jan |
Summary: The Elgin real estate market had 131 homes for sale in Jan 2025, a 12.9 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthJan 2025 | ||
122 months agoDec 2024 | +33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 6 | 7 | +16.7% |
33 Bedrooms | 62 | 67 | +8.1% |
44 Bedrooms | 34 | 38 | +11.8% |
55+ Bedrooms | 12 | 17 | +41.7% |
Summary: Elgin housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +8.1%. The inventory for 4 bedroom homes increased by +11.8%. The inventory for 5 bedroom homes increased by +41.7%.
Asking Price vs. Sold Price
How much do homes in Elgin, TX cost?
Over Asking Price1 Home
At Asking Price5 Homes
Under Asking Price10 Homes
If you're buying a home in Elgin, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Elgin in January 2025, up by 33.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 31% were sold at asking, and and 6% were sold over asking.
Days on Market for Elgin, TX
How long does it take to sell a home in Elgin, TX?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days7 Homes
Over 90 Days4 Homes
Avg time on Rocket Homes in Elgin has remained consistent over time.
Summary: During January 2025, 16 homes were sold in Elgin; 31% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
69 DaysThis YearJan 2025 | ||
63 Days1 year agoJan 2024 | +10.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Elgin had an average listing age of 69 days in Jan 2025, up by 10.6% compared to the previous year.
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Newest Listings in Elgin, TX
What homes are available in Elgin, TX?
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MLS Disclaimers and Copyright
Based on information from Unlock MLS, Central Texas MLS Inc, Houston REALTORS® Information Service, North Texas Real Estate Information Systems Inc., and South Texas MLS for the period 02/01/2023 - 02/01/2025

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/11/2025, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/11/2025, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/11/2025, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/11/2025, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/11/2025, 4:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.