Current Price

$287,946

1 Month Forecast

â–² $289,820

1-Year Forecast *

â–² $317,913

5-Year Forecast *

â–² $300,225

"Is it a good time to buy homes in Elgin?" "Does investing in real estate in Elgin (Texas State, Travis County) worth it?" According to our live Forecast System, buying a house in Elgin is a good short-term (1-year) investment*. The Elgin average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elgin" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elgin in Texas State, Travis County. If you are looking for homes for sale with good flipping profit, Elgin can be a profitable property investment option. The median price of an average house in Elgin was 287,946 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elgin" area is 300,225 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +4.26% meaning that investing 100000 USD today may yield a profit of 4,264 USD by 2031.

Current Median Listing Price: 287,946 USD Median Listing Price Per Square Foot: 160 USD

Elgin Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elgin (Texas State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elgin Price Target

Elgin median home price target in 12 months: $317,913* (upside of 10.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $298,976 $287,392 $287,392 $298,976
2024 $299,163 $287,946 $287,946 $299,163
2023 $322,144 $300,363 $300,363 $322,144
2022 $288,523 $325,222 $288,523 $334,205
2021 $218,654 $281,068 $218,654 $281,068
2020 $200,800 $215,881 $200,800 $215,881
2019 $193,750 $199,935 $193,750 $199,935
2018 $179,953 $192,840 $179,953 $192,840
2017 $160,325 $177,829 $160,325 $177,829
2016 $145,344 $158,714 $145,344 $158,714
2015 $126,595 $143,343 $126,595 $143,343
2014 $110,706 $125,054 $110,706 $125,054
2013 $102,896 $109,586 $102,591 $109,586
2012 $99,723 $103,229 $99,723 $103,567

Questions & Answers about the Elgin Housing Market Forecast

How much does an average home cost in Elgin today?

The value of an average home (the listing price) in Elgin is $287,946 USD.

What is the average price per square foot in Elgin?

According to Walletinvestor the median price per square foot in Elgin is 160 USD.

Will the median listing price of homes in Elgin grow / rise / go up?

Yes. The Elgin home prices may rise from 287,946 USD to 317,913 USD in one year.

Is it profitable to invest in Elgin homes?

Yes. The long-term profit potential is +10.41% in one year.

Will Elgin house prices fall / drop?

No. See above.

What is the predicted price of a Elgin home in 2030?

The predicted home sales price of a Elgin home in 2030 in Elgin is 288,184 USD.

What is the predicted price of a Elgin home in 2035?

The predicted home sales price of a Elgin home in 2035 in Elgin is 283,521 USD.

Will real estate prices decrease in Elgin?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elgin is the 4822. largest city in the United States, located in Texas State.

During the last 12 months the real estate prices in Travis, Elgin decreased, looking at the past 12 months.

According to Walletinvestor's Elgin real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.877% to 287,946 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.637% in 2021
  • 10.237% in 2022
  • 8.847% in 2023
  • 10.287% in 2024
  • 11.937% in 2025
  • 8.467% in 2026

Based on our Elgin real estate market research and report the predicted sales prices will increase by 169.133% in the next 10 years.

Over the last 12 months, the value of homes in Elgin fluctuated: decreasing 4 times.

Elgin (Texas) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elgin Housing Market Forecast with Real Estate Prices for 2025
August 2025 289820 274170 305470
September 2025 292268 266256 318280
October 2025 294736 272631 316842
November 2025 297226 277014 317437
December 2025 299736 281152 318320
Elgin Housing Market Forecast with Real Estate Prices for 2026
January 2026 302268 275366 329170
February 2026 304821 279216 330426
March 2026 307395 276656 338135
April 2026 309992 279612 340371
May 2026 312610 281662 343558
June 2026 315250 288139 342362
July 2026 317913 288029 347797
August 2026 320598 296553 344643
September 2026 323306 298411 348201
October 2026 326037 300932 351142
November 2026 328790 300514 357066
December 2026 329132 302143 356121
Elgin Housing Market Forecast with Real Estate Prices for 2027
January 2027 326970 300813 353128
February 2027 324823 307932 341714
March 2027 322690 303006 342374
April 2027 320733 291225 350240
May 2027 318627 300146 337107
June 2027 316534 299125 333944
July 2027 314456 285840 343071
August 2027 312391 296771 328010
September 2027 310339 285512 335166
October 2027 309316 290448 328185
November 2027 308332 287674 328991
December 2027 307087 289276 324898
Elgin Housing Market Forecast with Real Estate Prices for 2028
January 2028 305274 284211 326338
February 2028 303705 287609 319802
March 2028 302035 278778 325291
April 2028 300525 281592 319458
May 2028 299325 277774 320876
June 2028 298653 276553 320753
July 2028 298374 269730 327018
August 2028 298210 281212 315208
September 2028 297654 272948 322359
October 2028 296832 272195 321469
November 2028 295673 278524 312822
December 2028 294744 278828 310661
Elgin Housing Market Forecast with Real Estate Prices for 2029
January 2029 293672 273996 313348
February 2029 291906 263591 320221
March 2029 289989 261860 318118
April 2029 288182 271179 305185
May 2029 290616 267367 313865
June 2029 289602 265565 313639
July 2029 288184 266282 310086
August 2029 286292 266251 306332
September 2029 284412 256255 312569
October 2029 282544 257398 307691
November 2029 280689 260760 300618
December 2029 283059 262962 303157
Elgin Housing Market Forecast with Real Estate Prices for 2030
January 2030 285450 258618 312282
February 2030 287861 266272 309451
March 2030 290292 264166 316419
April 2030 292744 274594 310894
May 2030 295217 267467 322967
June 2030 297710 268535 326886
July 2030 300225 272304 328146
August 2030 302761 279751 325770
September 2030 305318 287915 322721
October 2030 307897 278646 337147
November 2030 310497 283484 337510
December 2030 313120 292454 333786
Elgin Housing Market Forecast with Real Estate Prices for 2031
January 2031 315764 297134 334394
February 2031 318431 297097 339766
March 2031 321121 294147 348095
April 2031 321454 296381 346528
May 2031 319343 291880 346807
June 2031 317246 298846 335647
July 2031 315163 293732 336594
August 2031 313251 285059 341444
September 2031 311194 281008 341380
October 2031 309151 285964 332337
November 2031 307120 290536 323705
December 2031 305104 277034 333173
Elgin Housing Market Forecast with Real Estate Prices for 2032
January 2032 303100 273093 333107
February 2032 302101 277329 326873
March 2032 301140 275543 326737
April 2032 299924 271431 328416
May 2032 298153 280562 315745
June 2032 296621 266959 326283
July 2032 294989 274930 315048

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.