Elgin Housing Market: August 2026

Elgin recorded 44 closed home sales in August 2026, at a median close price of $281,500. The median close price was down 9.6% from the same period last year and up 1.6% from the period before. The median price per square foot was $159. Homes that sold spent a median of 68 days on the market. Median days on market was down 16.0% from the same period last year and down 24.4% from the period before. The median sale closed at 92.4% of its original list price, and 72.7% of sales closed below their original list price. 48 new listings came on the market in the same window. Today 290 homes are listed for sale, 5.1 months of inventory at the pace of the last six months (341 closings). The most active subdivisions were Briarwood (6 sales, median $265,585), Elm Creek (6 sales, median $277,999) and Trinity Ranch (6 sales, median $304,990). This week's 5 best values under $1,000,000, ranked by the ALEX deal score: 1. 605 W 11th ST, Elgin TX 78621 · MLS #9914725 Listed at $269,000, 4 bed, 2 bath, 2,100 sq ft. Listed 15% below the ALEX valuation; 23% under the local price per sq ft; price reduced 20% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1179973740/605-W-11th-ST-Elgin-TX 2. 102 Masonic DR, Elgin TX 78621 · MLS #6246525 Listed at $115,000, 3 bed, 1 bath, 792 sq ft. Listed 16% below the ALEX valuation; 13% under the local price per sq ft; price reduced 18% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1172680805/102-Masonic-DR-Elgin-TX 3. 102 Stubblefield DR, Elgin TX 78621 · MLS #4706602 Listed at $208,500, 3 bed, 2 bath, 1,647 sq ft. Listed 12% below the ALEX valuation; 24% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1176401211/102-Stubblefield-DR-Elgin-TX 4. 17705 Mahonia LN, Elgin TX 78621 · MLS #1280443 Listed at $285,000, 4 bed, 2.5 bath, 2,632 sq ft. Listed 10% below the ALEX valuation; 35% under the local price per sq ft; price reduced 14% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1178848891/17705-Mahonia-LN-Elgin-TX 5. 18420 Cloudmore LN, Elgin TX 78621 · MLS #8828616 Listed at $206,000, 3 bed, 2 bath, 1,551 sq ft. Listed 13% below the ALEX valuation; 20% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182522252/18420-Cloudmore-LN-Elgin-TX Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951