In the three months ending October 15, 2026, Elm Creek homes in Elgin closed at 92.4% of their original asking price, a buyer’s market for Elm Creek as a whole, and a handful of resales closed lower, at 88.1%. In my read, a resale seller there should price to what resales closed for, since so few sold, and a price point changes which market a home is in.
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. That includes 18 in Elm Creek.
Every number on this page covers Elm Creek only. What the Elgin market as a whole means for a seller 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.
Elm Creek has a resale record to read, though a short one. Only 6 resales closed in the latest three months, so I would not read a trend into it.
Resales closed at a median $212,450 and new builds at a median $255,999.
Per square foot the gap is $124 for resales against $136 for new builds.
Resales closed at 88.1% of original asking against 92.6% for new builds. With so few resales, the useful read is which way the gap points, and it points down for resales on every measure here.
New builds make up most of what sells here, and the older homes are a small share of the quarter’s sales. In my read, a buyer weighing your resale against a Lennar listing compares what each costs per square foot, which is why this page shows that figure ahead of the median. How a buyer prices a resale beside a new home across Elgin is on How do Elgin buyers price a resale when a new home is on the same tour?
It fell, from $166 in the twelve months before to $138 over the past twelve months.
The median sale price barely moved in the same comparison, $258,500 before against $253,617 now, so the two measures disagree and I read price per square foot first.
The latest three months point the same way, with $134 per square foot against $168 in the same three months last year.
Closings were 36 in the latest quarter against 11 a year earlier.
Table 1. Elm Creek sales in each period. Each row stands on its own. Source: Unlock MLS.
| Period | Sold | Median sale price | Median days on market | Share of original asking price | Price per square foot |
|---|---|---|---|---|---|
| 90 days ending October 15, 2026 | 36 | $251,499 | 62 days | 92.4% | $134 |
| Same 90 days, 2025 (July 18, 2025 to October 15, 2025) | 11 | $265,000 | 38 days | 95.2% | $168 |
| Twelve months ending October 15, 2026 | 110 | $253,617 | 52 days | 93.1% | $138 |
| Prior twelve months (October 16, 2024 to October 15, 2025) | 76 | $258,500 | 25 days | 98.2% | $166 |
Whether those prices make this fall the time to list is on Is this fall the time to list your Elgin home, or should you wait?
Elm Creek homes closed at 92.4% of original asking over the latest three months, and Elgin overall closed at 93.2%. Both read as buyer’s markets for the place as a whole.
Table 2. Elm Creek beside Elgin as a whole, 90 days and twelve months ending October 15, 2026. Source: Unlock MLS.
| Measure | Elm Creek, 90 days | Elgin, 90 days | Elm Creek, twelve months | Elgin, twelve months |
|---|---|---|---|---|
| Homes sold | 36 | 138 | 110 | 608 |
| Median sale price | $251,499 | $281,749 | $253,617 | $287,994 |
| Median days on market | 62 days | 74 days | 52 days | 79 days |
| Share of original asking price | 92.4% | 93.2% | 93.1% | 93.7% |
| Price per square foot (median) | $134 | $157 | $138 | $165 |
I treat the 92.4% as the subdivision’s reading and the resale figure as a contrast, since one rests on far more sales than the other.
Supply looks tighter here than in the town, at 4.8 months of inventory against 6.9 for Elgin. Of the homes for sale, 57.9% have already cut their price, and I give the closing prices more weight.
Lennar is the only builder name on the record, with 52 homes for sale. The resale listings ask a median $238,000.
Activity continues: 64 homes were newly listed in the latest three months, and 24 are pending.
A typical listing here is recent, having been on the market 29 days. The asking ranges are in the table, and the wider builder picture is on Which builders are listing homes at your price in Elgin, and where?
Table 3. Builder listings in Elm Creek by builder name on the MLS record, as of October 16, 2026; 52 builder listings of 57 homes for sale. Source: Unlock MLS.
| Builder | Listings | Asking range | Median asking |
|---|---|---|---|
| Lennar | 52 | $210,999 to $342,999 | $261,499 |
The $250,000 to $299,999 range is the only one that reached 10 sales in the latest three months. Homes there closed at 92.2% of original asking, a buyer’s market for that range.
Table 4. Elm Creek 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 range | Sold | Median sale price | For sale | New builds for sale | Homes that cut their price | Months of supply | Market |
|---|---|---|---|---|---|---|---|
| $250,000 to $299,999 | 23 | $253,999 | 22 | 22 | 14 | 2.9 | buyer’s market |
Twelve months of sales carry the other two readings:
Elm Creek sections such as Sec 01 and Sec 04 are listed separately in the MLS, and the figures here fold them together. The town view is on Selling in Elgin, TX? How the town’s new builds could shape your price.
Elm Creek mixes mostly new builds with a few resales. Run your address to see which side of that yours falls on.
An Elm Creek buyer who tours your home is likely to tour a Lennar listing the same day, and the resales that closed did so below the share of asking that new builds reached. For your house: at the number you would open with, how does it sit beside the Lennar listings and the other resales that have already cut?
If you worry an Elm Creek buyer will compare your resale with a Lennar listing and pay less, start by seeing what that buyer would see. Request my complimentary Home Competitor Analysis for your address. You get:
No obligation. The report for Elm Creek 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).
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).
You get the listings a buyer would compare with yours, what recent Elm Creek sales show, and a walkthrough before any pricing talk.
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.
