Is Ellinger, TX 78938 a buyer’s or seller’s market?
Ellinger is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Ellinger housing market right now
In the three months ending August 31, 2026, 0% of homes in Ellinger, TX 78938 sold above their list price, the typical home went under contract in 43 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Fayette County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, La Grange 78945 (5% sold over asking) is even more competitive.
Run the numbers for 78938
Nearby markets
Fayetteville 78940Buyer’s market $249 /sq ftFlatonia 78941Buyer’s market $103 /sq ftLa Grange 78945Buyer’s market $168 /sq ftMuldoon 78949 — /sq ft Browse all markets →Where Ellinger is
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Questions about Ellinger real estate
Is Ellinger a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Ellinger, TX 78938 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Ellinger?
The typical home went under contract in 43 days in the latest three months.
Do homes in Ellinger sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.
What are property taxes in Ellinger?
About 0.89% of a home’s value a year in Fayette County, or roughly $3,560 on a $400,000 home.
What is the median home price in Ellinger?
The median sale price was $192,917 in the three months ending August 31, 2026, about $169 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology