124 Jordan LN, Elgin TX 78621

Based on 7 closed sales in 78621, the data points to a value around $371,965 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $278,000 to $288,000. This home's position in the current 78621 market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. Lot size matters here: 4.00 acres versus 3.19 for the typical comp. With 5 similar homes currently listed in 78621 (a buyer's market), competition is a factor to consider. Market data shows 78621 prices fallen 8.3% over the last half year. The closest comparable sale, 182 Wayside CT, Elgin TX 78621 at an adjusted $385,331, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus