Housing Prices in Elmwood, TX

How much do homes in Elmwood, TX cost?

Median List Price

$170,950

$123/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$6,000(+3.6%)

Key Takeaway

The list price of homes in Elmwood has increased by 3.6% since last year.

Summary: The median home list price in Elmwood was $170,950 in November 2024, up 3.6% from the previous year, and the median price per square foot was $123.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $117.4K$134.9K
+14.9%
3 $172.5K$175K
+1.4%
4 $210K$286.2K
+36.3%
5+ $217.5K$337.4K
+55.2%

Summary: Elmwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 36.3%, and 5+ bedroom homes increased by 55.2%.

Median List Price Compared To Nearby Neighborhoods

Sayles Blvd.
+8.5%
Park Central
+7.8%
Elmwood
+3.6%
Westwood Richland
+2.9%
River Oaks / Brookhollow
-4.4%

Housing Supply in Elmwood, TX

How many homes are available in Elmwood, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4859+22.9%

Summary: The Elmwood real estate market had 59 homes for sale in November 2024, a 22.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1114
+27.3%
3 2935
+20.7%
4 79
+28.6%
5+ 11
0.0%

Summary: The Elmwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Days on Market for Elmwood, TX

How long does it take to sell a home in Elmwood, TX?

Average Listing Age

Nov 2023Nov 2024CHANGE
152 Days85 Days-44.4%

Summary: Homes in Elmwood had an average listing age of 85 days in Nov 2024, down by 44.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Elmwood, TX

Nearby Markets to Elmwood, TX