The typical home value in
Elgin
is projected to be
$234,750
for the month of
November.
October’s
finalized data reported the typical value of a home in the
city
to be
$260,000—down
11.11%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$340,000
in
Bastrop County
for the most recent reporting period.
That number is expected to float around
$336,120
in
November.
Elgin
had
25
new listings and
21
listings that went under contract in
October,
decreasing
the area’s total available inventory to
115—down
3.36%
from the previous month. Inventory is projected to have further
decreased
in
November.
Of those
115
active listings,
32.17%
reduced their price in the month of
October.
The median listing price for homes in
Elgin
grew
0.1%
from
September
to
October,
bringing the current median listing price to
$323,510.
Based on projected data for
November,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
October 2025,
the median time for a listed property to go pending was
132
days, compared to
224
days in
October 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
November.