Elgin, TX Home Values & Market Trends

Real estate market trends reflect that there have been 312 transactions over the past year in Elgin. The median value for residential home transactions that occurred over the previous year is $289,002. The number of current listings in Elgin is 465, and the percentage of properties for sale in the city is 465.00%. Elgin, TX currently has 30 properties in foreclosure, 18 bank owned properties, 12 properties headed for auction, and 465 properties for sale.

Elgin, TX Real Estate Market Overview

ZipMedian Est. Value
78621

$ 289,605

$ 170/sqft

Housing Market Summary for Elgin, TX

Sep 2025September 2026Change
Median Listing Price$309.9K$302K-2.55%
Median Sold Price$305K$259.5K-14.93%
Homes For Sale24946285.54%
Homes Sold12314114.63%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Elgin, TX

Elgin home values range from $102,156 to $905,000. The median estimated value of a home in Elgin is $289,002. The median list price of a home is 303,990, and the total count of properties in the city is 668.

Foreclosure
There is 1 zips within Elgin, TX; within this zips, the median estimated home value for homes in foreclosure ranges from $435,186 in 78621 to the lowest value of $151,630 in 78621. Foreclosure homes account for 4.00% of properties in Elgin, TX with 78621 containing 30 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Elgin, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elgin, TX; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Elgin, TX ranges from the highest value of $435,186 in 78621 to the lowest value of $151,630 in 78621. Bank owned homes and properties account for 2.69% of properties in Elgin, TX. There is 1 zips within Elgin, TX; 78621 containing 18 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    78621 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Elgin, TX. Auction homes and other auction properties account for 1.80% of all properties in Elgin, TX. There is 1 zips within Elgin, TX; of that zips, the median estimated home value for homes going to auction ranges from $363,425 in 78621 to the lowest value of $185,000 in 78621.
Homes for Sale
Homes and properties that are actively listed for sale account for 69.61% of residential properties in Elgin, TX with 78621 containing 468 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Elgin, TX; homes for sale in that zips, have a range of median values from $905,000 in 78621 to the lowest value of $134,452 in 78621.
    Sold Homes
    The median value for recently sold homes ranges from $699,749 in 78621 to the lowest price of $102,156 in 78621. There is 1 zips within Elgin, TX. 78621 has 145 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 21.41% of properties in Elgin, TX.

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      Guide for Elgin, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.