Elgin, TX Foreclosures
How much do homes sell for in Elgin, TX?
The average home price is currently $347,169.
In Elgin, TX, how many homes are available?
There are currently 46 active home listings available in Elgin.
What’s the average rental cost in Elgin, TX?
The average rental price in Elgin is $1,324.
What is the most expensive home in Elgin?
The most expensive home sold in Elgin had a price of $14,484,786.
What is currently the cheapest priced home in Elgin, TX?
The cheapest home for sale in Elgin is priced at $18,958.
Living in Elgin, TX
Elgin, TX, offers a small-town charm with a strong sense of community and easy access to the amenities of Austin. With its rich history, vibrant local culture, and outdoor recreational opportunities, Elgin is an excellent choice for families and those seeking a quieter lifestyle. The city's friendly atmosphere and affordable housing options make it appealing for new homeowners and individuals looking to settle down.
Current Market Conditions in Elgin, TX
The real estate market in Elgin, TX, has been steadily growing, with an increasing number of families and individuals attracted to the area for its affordable housing and community feel. As Austin continues to expand, many are looking to suburban areas like Elgin for more space and lower costs, driving demand for homes.
Pricing trends have shown a moderate increase over the past year, as more buyers enter the market. New developments are emerging, catering to different buyer segments, including first-time homebuyers and those seeking larger family homes.
Home Value Estimator For Elgin, TX
There are currently 10,890 real estate properties
in Elgin, TX,
with a median automated valuation model (AVM) price
of $279,891.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elgin, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Elgin, TX,
is $347,169.00, with the most expensive house
in Elgin, TX, topping out
at $14,484,786.00 and the cheapest home
in Elgin, TX,
clocking in at $18,958.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elgin, TX!
Rent Prices
In Elgin, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elgin, TX, is on
a rollercoaster ride. The
average rent price in Elgin, TX,
is $1,324.00. Indeed, when looking to rent in
Elgin, TX, you can expect to pay as little
as $650.00 or as much
as $3,980.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Elgin, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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