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What do the 78621 housing numbers mean if you are selling in Elgin?

Quick answer

In the three months ending October 15, 2026, Elgin closed at 93.2% of original asking, the lowest of Elgin, Taylor and Bastrop. That makes Elgin the only one of the three that reads as a buyer’s market for the town overall. In my read, that means an Elgin seller gives up more of the first price than a seller in either neighbor, and a price point changes which market a home is in.

What we analyzed

Sources: Unlock MLS, pulled October 16, 2026.

107 Elgin homeowners have trusted my real estate team to sell their home, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes.

Already have a rough idea of your price range? Skip down to see whether these numbers fit your home, or plug in your address for a closer look.

What these numbers mean if you are selling is on Selling in Elgin, TX? How the town's new builds could shape your price.

Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.

How does Elgin compare with the Austin metro?

Table 1 puts Elgin beside the Austin metro on every measure these pages use, with a chart of months of inventory under it.

Table 1. Elgin compared with the Austin metro. Sales are from the 90 days ending October 15, 2026; homes for sale are as of October 16, 2026. “Failed to sell” means the listing expired or was withdrawn without selling. Source: Unlock MLS.

MeasureElginAustin metro
Homes sold1388,186
Median sale price$281,749$405,000
Median days on market74 days56 days
What homes sold for relative to their initial asking price93.2%94.3%
Price per square foot (median)$157$204
Homes for sale31916,289
Months of supply6.96.0
Buyer’s or seller’s marketbuyer’s marketbalanced
Listings that failed to sell685,425
Share of listings that failed to sell33.0%39.9%
Active under contract161,416
Pending872,034
New listings in the last 90 days22812,212
Homes for sale priced below their original asking price184 (57.7%)58.9%

For the timing question, which leans on closings, the homes under contract or pending, and months of inventory, read Is this fall the time to list your Elgin home, or should you wait?

For worth, meaning the median sale price, price per square foot and the share of the original asking price that buyers paid, read How do Elgin buyers price a resale when a new home is on the same tour?

For why some listings stall, meaning days on market and the listings that failed to sell, read Is your Elgin listing stuck? What to check before you blame a slow market

For the competition, meaning homes for sale, price cuts and new listings, read Which builders are listing homes at your price in Elgin, and where? The full Elgin story in prose is on Selling in Elgin, TX? How the town’s new builds could shape your price

Sale price as a share of original asking in Elgin, its ZIP codes and the Austin metro Median home sold, 90 days ending October 15, 2026, as a share of original asking price. Elgin (city) 93.2% 78621 93.2% Austin metro 94.3% Source: Unlock MLS, pulled October 16, 2026.
Figure 1. Sale price as a share of original asking price, 90 days ending October 15, 2026: Elgin (city) 93.2%; 78621 93.2%; Austin metro 94.3%. The share a home closes at, against its original asking price, decides whether a market reads as buyer’s, balanced or seller’s; a different price point changes which market a home is in. Source: Unlock MLS, pulled October 16, 2026.

What does the 78621 ZIP code add to the Elgin picture?

Almost nothing, because one ZIP code covers Elgin and the two read alike. Table 2 shows 322 homes for sale in the ZIP against 319 in the town.

Table 2. Elgin by ZIP code, covering the whole ZIP, 90 days ending October 15, 2026. Your price range can put you in a different market than the ZIP as a whole. Source: Unlock MLS.

ZIPSoldMedian sale priceMedian days on marketShare of original asking priceFor saleMonths of supplyMarketHomes that cut their priceNew builds for sale
78621138$281,74974 days93.2%3227.0buyer’s market185 (57.5%)170 of 322

Builders hold 52.8% of the ZIP’s homes for sale. The builder-by-builder detail is on the competition page named above.

How do this year’s Elgin sales line up with last year’s?

The twelve-month row of Table 3 shows 608 closings against 566 in the twelve months before.

Table 3. Elgin sales in each period. Each row stands on its own. Source: Unlock MLS.

PeriodSoldMedian sale priceMedian days on marketShare of original asking pricePrice per square foot
90 days ending October 15, 2026138$281,74974 days93.2%$157
Same 90 days, 2025 (July 18, 2025 to October 15, 2025)147$299,50088 days94.1%$181
Twelve months ending October 15, 2026608$287,99479 days93.7%$165
Prior twelve months (October 16, 2024 to October 15, 2025)566$300,89280 days95.4%$181

How does Elgin stack up against Bastrop and Taylor?

Bastrop has the highest typical price of the three and Taylor the most months of inventory. Taylor’s typical price sits close to Elgin’s, yet Taylor closed at 94.2% of original asking against Elgin’s 93.2%, which is why Elgin alone reads as a buyer’s market for the town overall. Table 4 has the rest, and a price point changes which market a home is in.

Table 4. Nearby towns, 90 days ending October 15, 2026. Source: Unlock MLS.

TownSoldMedian sale priceMedian days on marketShare of original asking priceFor saleMonths of supplyMarket
Elgin138$281,74974 days93.2%3196.9buyer’s market
Bastrop154$371,25071 days94.6%3366.5balanced
Taylor65$284,05262 days94.2%1707.8balanced

Which market is my price range in?

The last table sorts Elgin by price range. A range appears only when it had at least 10 sales in the last 90 days, and its reading comes from what homes there closed at against their original asking price, for that range as a whole.

Table 5. Elgin homes by price range. Sales are from the 90 days ending October 15, 2026; homes for sale are as of October 16, 2026. A range is a seller’s market when homes sell for at least 97% of their original asking price, balanced from 94% to 97%, and a buyer’s market below 94%. Each reading is for that price range only; a different price point changes which market a home is in. Only price ranges with at least 10 sales in the last 90 days are shown. Source: Unlock MLS.

Price rangeSoldMedian sale priceFor saleNew builds for saleHomes that cut their priceMonths of supplyMarket
$200,000 to $249,99917$219,9905327239.4seller’s market
$250,000 to $299,99952$256,8078455454.8buyer’s market
$300,000 to $349,99935$299,9909570658.1buyer’s market

Three ranges qualify. Homes in them closed at 97.3%, 93.8% and 92.5% of original asking, from the lowest up, so the lowest reads as a seller’s market for that range and the other two as a buyer’s market, with builders holding most of the homes for sale in those two. How to weigh listing now against waiting, range by range, is on Is this fall the time to list your Elgin home, or should you wait?

Each time the pages are refreshed, this page is rebuilt from a fresh MLS pull, and the pull date sits in the last-updated line above the tables.

Which of these numbers belongs to your home?

These figures cover the whole town and ZIP code, and your home is a single sale inside them. Run your address and we show you the slice of 78621 that sits closest to yours.

Your situation

The scoreboard says how Elgin and 78621 are doing overall. It has no way to say which listings a buyer would tour on the same afternoon as yours, or where your price would land beside them.

Before You Put Your Home on the Market, See the Homes You’ll Have to Beat

If you are not sure which of these numbers applies to your house, start with the homes a buyer would weigh against it. Request my complimentary Home Competitor Analysis for your address. You get:

Step 1 of 4

No obligation. The report for your part of Elgin arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 107 homes sold by Watters International Realty in Elgin (Unlock MLS, all time).

Why do I watch months of supply?

Chris’s position, WIR positions library, approved September 9, 2026.

Months of supply is the number I watch. It means: if no more homes came on the market, how long would it take to sell everything listed at the pace homes are selling now.

In 78621 that figure is 7.0 months. Read it beside what buyers paid against the first asking price, because that decides which market you are in.

About Watters International Realty in Elgin

Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 107 homes sold by Watters International Realty in Elgin (Unlock MLS, all time).

See the homes you’d be competing against

You get the competing listings near you, how your part of Elgin compares with the town, and a walkthrough before any pricing talk.

Step 1 of 4

No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.

More for Elgin sellers

Chris Watters, Broker, Watters International Realty. Texas Real Estate Commission license #567369. Broker of record for a Texas brokerage serving the Austin, Dallas-Fort Worth, San Antonio and Killeen-Temple-Waco metros.