$2,374 Closing Credit*
$199,900
1,733 SqFt
3 Beds
•2 Full Baths
Sandra Minnick, Lacy Lopez, Listing Office: Berkshire Hathaway HS Stovall
Housing Prices in Elmwood, TX
How much do homes in Elmwood, TX cost?
Median List Price
$169,900
$120/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$7,450(+4.6%)
Key Takeaway
The list price of homes in Elmwood has increased by 4.6% since last year.
Summary: The median home list price in Elmwood was $169,900 in October 2024, up 4.6% from the previous year, and the median price per square foot was $120.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.4K | $124.9K | +6.4% |
| 3 Bedrooms | $172.5K | $175K | +1.4% |
| 4 Bedrooms | $210K | $311.2K | +48.2% |
| 5+ Bedrooms | $217.5K | $337.4K | +55.2% |
Summary: Elmwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 48.2%, and 5+ bedroom homes increased by 55.2%.
Median List Price Compared To Nearby Neighborhoods
| Park Central | $220K | $246.2K | +11.9% |
| Westwood Richland | $175K | $185K | +5.7% |
| Elmwood | $162.4K | $169.9K | +4.6% |
| Sayles Blvd. | $175K | $180K | +2.9% |
| River Oaks / Brookhollow | $249.9K | $239K | -4.4% |
Housing Supply in Elmwood, TX
How many homes are available in Elmwood, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 51 | +10.9% |
Summary: The Elmwood real estate market had 51 homes for sale in October 2024, a 10.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 27 | 31 | +14.8% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Elmwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Days on Market for Elmwood, TX
How long does it take to sell a home in Elmwood, TX?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 121 Days | 79 Days | -34.9% |
Summary: Homes in Elmwood had an average listing age of 79 days in Oct 2024, down by 34.9% compared to the previous year.
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