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Elgin, TX

Full City Profile · Texas · Bastrop County County

3.2 /5.0
B Good
10,996 Population 1,531/sq mi density
$85,666 Median Income $40,935 per capita
$267,900 Home Value $274,902 Zillow
$1,289 Median Rent 23.8% income on rent
68°F Avg Temperature 303 sunny days/yr
76 Violent Crime/100K 926 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$85,666 median income, 4.2% unemployment
A+
Affordability
4.9 / 5.0
$267,900 home value, $1,289/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
C+
Education
2.8 / 5.0
22.5% bachelor's degree or higher

Housing Overview

Median Home Value
$267,900
5% below
US avg: $281,900
Median Rent
$1,289/mo
11% above
US avg: $1,163/mo
Homeownership Rate
68.4%
5% above US avg (65.4%)
Total Housing Units
3,666
Median year built: 1981

Home Value by Source

Census Median
$267,900
Zillow (ZHVI)
$274,902
Median Sale Price
$249,950
Median List Price
$299,990
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.4%
Owner-Occupied
31.6%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,289/mo · Zillow rent: $1,797/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
35.9%
of listings with price reduction
Price Per Sq Ft
$177
Active Inventory
131
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
68.4%

Complete Housing Data

Home Values

Census Median Value$267,900
Zillow Home Value (ZHVI)$274,902
Median Sale Price$249,950
Median List Price$299,990
Price Per Sq Ft$177

Rent

Census Median Rent$1,289
Zillow Rent (ZORI)$1,797
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market82
Sale-to-List Ratio1.0%
Price Drops35.9%
Homes Sold12
Active Inventory131
Price Per Sq Ft$177

Ownership & Stock

Owner-Occupied68.4%
Renter-Occupied31.6%
Homeownership Rate68.4%
Total Housing Units3,666
Median Year Built1981
Rent Burden23.8%