Elgin vs. Neighbors: How Prices and Speed Compare in September

How does the Elgin market compare to its neighbors in September? The city recorded 36 closed sales with a median price of $284,945, which is 7.9% lower than the same month last year and just 0.2% higher than August. Homes sold in 62 days on average, down 13.9% from the prior month and 17.3% faster than September 2025. In contrast, the broader Unlock MLS region saw a median price of $419,370 across 2,469 sales, with homes selling in 56 days. Elgin buyers paid $164 per square foot, which is 10.9% below last year's level but 3.1% higher than August. The region averaged $208 per square foot. Bastrop County reported a median price of $354,990 across 91 sales, with homes taking 75 days to sell. Elgin sellers received 94.7% of their original list price on average, matching the regional ratio of 94.1%. This indicates that while Elgin prices remain below the county and regional averages, the pace of negotiation has stabilized compared to last year. ALEX Intelligence analyzed these benchmarks to highlight how local activity differs from broader trends. The data shows Elgin remains an entry-level market relative to its neighbors, with faster sales cycles but lower price points. No predictions are made beyond these observed comparisons. Want more detail on Elgin? Ask George for the full neighborhood report. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog 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