Elgin: How List-to-Sale Ratios Shifted in September

Deal of the Week

Deal of the Week · 13317 PAINTED NIGHT RD, Elgin TX 78621 · MLS #4509276 · Listed by Keller Williams City-View. ALEX valuation $254,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $250,000 13317 PAINTED NIGHT RD, Elgin TX 78621 · MLS #4509276 Listed at $214,999, 4 bed, 2 bath, 1,600 sq ft. Listed 15% below the ALEX valuation; 4% under the local price per sq ft; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1188534346/13317-PAINTED-NIGHT-RD-Elgin-TX Lower-middle quartile: $250,000 to $285,000 14513 Sage Bloom LN, Elgin TX 78621 · MLS #1375497 Listed at $251,201, 3 bed, 2.5 bath, 1,605 sq ft. Listed 13% below the ALEX valuation; 5% under the local price per sq ft; price reduced 13% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1186516388/14513-Sage-Bloom-LN-Elgin-TX Upper-middle quartile: $285,000 to $323,000 148 Hidalgo LN, Elgin TX 78621 · MLS #2238156 Listed at $299,000, 4 bed, 2.5 bath, 2,399 sq ft. Listed 4% below the ALEX valuation; 24% under the local price per sq ft; price reduced 8% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183283220/148-Hidalgo-LN-Elgin-TX Upper quartile: $323,000 and up 146 Buena Fortuna RD, Elgin TX 78621 · MLS #7628121 Listed at $399,500, 3 bed, 2 bath, 1,750 sq ft. Listed 9% below the ALEX valuation; price reduced 16% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1170144507/146-Buena-Fortuna-RD-Elgin-TX

Key figures · Elgin · September 2026

49 homes sold in Elgin in September 2026 (up 14.0% on a year earlier).

Median sale price: $281,999 (down 8.8% on a year earlier).

Median price per square foot: $152.

Median days on market: 61.

Median sale price as a share of the original list price: 95.4%.

295 homes for sale now, about 4.9 months of supply at the pace of the last six months.

Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.

In September 2026, homes in Elgin sold for an average of 95.4% of their original list price, up from 92.4% in August. This shift occurred across 49 closed sales, indicating a slight tightening in negotiation leverage compared to the prior month. The median close-to-original list ratio rose by 3.2% month-over-month and is now 1.2% higher than the same period last year. ALEX Intelligence analyzed the relationship between original listing prices and final sale prices to track this trend. When the ratio drops, it typically signals that buyers are negotiating harder or sellers are overpricing initially. Conversely, a rising ratio suggests that homes are selling closer to their asking price, often due to reduced inventory or increased buyer competition. The data shows that 79.6% of Elgin sales closed below the original list price in September, up from 73.6% in August. While the median sale price rose slightly to $281,999, the average price per square foot fell to $152, down 2.6% from August. This divergence suggests that while final prices held steady or grew slightly, the underlying value per unit of living space softened as larger homes may have sold at lower price points relative to their size. The median days on market also improved significantly, dropping to 61 days from 74 days in August, a 17.6% decrease. This faster turnover correlates with the improved list-to-sale ratio, suggesting that properties priced correctly are moving more quickly and commanding prices closer to the initial ask. The trend reflects a market where pricing discipline is becoming more critical for sellers aiming to maximize their return. 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. 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