Zip 78621 (Elgin, TX) Housing

In Elgin, TX (78621), the median value of a house is $332,500, which is slightly lower than the national median value of $338,100. However, Elgin has seen a much higher appreciation rate in the last year (13.25%) compared to the US average of 8.27%. This suggests that housing in Elgin is becoming more desirable and could be an attractive option for people looking to purchase or invest in property.

The median home cost in Elgin (zip 78621) is $332,500. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Elgin (zip 78621) is up 20.0%.

Average Age of Homes

- The median age of Elgin (zip 78621) real estate is 24 years old

The Rental Market in Elgin (zip 78621)

- Renters make up 19.7% of the Elgin (zip 78621) population
- 0.5% of houses and apartments in Elgin (zip 78621), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elgin, Texas	United States
	9,039.0	139,647,020.0
	29	42
	$332,500	$338,100
	20.0%	16.6%
	88.7%	57.0%
	174.5%	101.1%
	$17.82	$10.98
	$3,630	$2,690
	73.3%	57.4%
	10.4%	11.2%
	16.3%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.7%	0.4%
	1.0%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	4.2%	2.4%
	1.3%	2.8%
	1.4%	3.9%
	7.4%	4.5%
	17.1%	11.3%
	15.0%	13.0%
	23.1%	20.1%
	13.4%	13.6%
	5.0%	8.3%
	7.8%	9.7%
	1.0%	3.9%
	0.3%	2.2%
	0.3%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	24.7%	13.6%
	24.7%	13.6%
	19.1%	13.6%
	16.8%	13.2%
	7.4%	14.8%
	19.1%	13.6%
	4.9%	10.0%
	1.3%	4.7%
	9.1%	12.2%

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