Current Price

$287,946

1 Month Forecast

â–² $289,838

1-Year Forecast *

â–² $318,148

5-Year Forecast *

â–² $300,904

"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 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elgin" area is 300,904 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +4.50% meaning that investing 100000 USD today may yield a profit of 4,500 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: $318,148* (upside of 10.5%)

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 $99,613 $103,229 $99,613 $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 318,148 USD in one year.

Is it profitable to invest in Elgin homes?

Yes. The long-term profit potential is +10.49% 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 292,517 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 284,595 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 3.352% to 287,946 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 9.709% in 2021
  • 11.509% in 2022
  • 9.949% in 2023
  • 8.489% in 2024
  • 11.479% in 2025
  • 11.809% in 2026

Based on our Elgin real estate market research and report the predicted sales prices will increase by 171.128% in the next 10 years.

Over the last 12 months, the value of homes in Elgin fluctuated: decreasing 5 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 289838 271288 308387
September 2025 292304 272719 311888
October 2025 294791 277103 312478
November 2025 297299 267569 327029
December 2025 299828 271345 328312
Elgin Housing Market Forecast with Real Estate Prices for 2026
January 2026 302379 281515 323244
February 2026 304952 284520 325384
March 2026 307547 285711 329383
April 2026 310163 286901 333426
May 2026 312802 283086 342519
June 2026 315464 287072 343856
July 2026 318148 298741 337555
August 2026 320855 291978 349732
September 2026 323585 302875 344294
October 2026 326338 307410 345265
November 2026 329114 304760 353469
December 2026 331915 300051 363778
Elgin Housing Market Forecast with Real Estate Prices for 2027
January 2027 332259 308004 356514
February 2027 330096 305669 354523
March 2027 327946 304990 350902
April 2027 325810 295510 356111
May 2027 323834 297604 350065
June 2027 321726 295987 347464
July 2027 319630 303649 335612
August 2027 317549 299766 335332
September 2027 315481 298445 332517
October 2027 313427 293681 333173
November 2027 312394 287090 337698
December 2027 311400 293650 329150
Elgin Housing Market Forecast with Real Estate Prices for 2028
January 2028 310142 285641 334644
February 2028 308312 289813 326811
March 2028 306727 288017 325438
April 2028 305040 287958 322122
May 2028 303515 276806 330224
June 2028 302303 277212 327394
July 2028 301625 275082 328168
August 2028 301343 276030 326656
September 2028 301177 284010 318344
October 2028 300615 272959 328272
November 2028 299785 279700 319871
December 2028 298615 279802 317428
Elgin Housing Market Forecast with Real Estate Prices for 2029
January 2029 297677 276244 319110
February 2029 296594 276129 317059
March 2029 294811 269752 319870
April 2029 292891 264480 321301
May 2029 291066 265452 316679
June 2029 293542 275049 312035
July 2029 292517 276137 308898
August 2029 291086 273621 308551
September 2029 289190 265477 312904
October 2029 287307 259726 314889
November 2029 285436 270594 300279
December 2029 283578 265712 301443
Elgin Housing Market Forecast with Real Estate Prices for 2030
January 2030 285990 263111 308869
February 2030 288424 263619 313228
March 2030 290878 264117 317638
April 2030 293352 274578 312127
May 2030 295848 276026 315670
June 2030 298365 276883 319848
July 2030 300904 283151 318657
August 2030 303464 273725 333204
September 2030 306046 281256 330836
October 2030 308650 292909 324391
November 2030 311276 289487 333066
December 2030 313925 291322 336527
Elgin Housing Market Forecast with Real Estate Prices for 2031
January 2031 316596 297916 335275
February 2031 319289 293108 345471
March 2031 322006 299787 344224
April 2031 324746 297792 351699
May 2031 327509 304910 350107
June 2031 327849 303588 352109
July 2031 325714 303891 347537
August 2031 323593 296087 351098
September 2031 321486 299625 343347
October 2031 319536 299724 339347
November 2031 317455 294916 339994
December 2031 315388 293310 337465
Elgin Housing Market Forecast with Real Estate Prices for 2032
January 2032 313334 296414 330254
February 2032 311293 284522 338065
March 2032 309266 285762 332771
April 2032 308247 283896 332599
May 2032 307266 278998 335535
June 2032 306025 279401 332650
July 2032 304219 275623 332816

> 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.