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Housing in Elmo

5 homes sold in Elmo in the last year, at a typical $411K

Almost every sale is a house. Below: a shortcut to every site where Elmo homes are listed.

Homes sold
5
June 2025 to May 2026
Typical sale price
$411K
median, weighted by sales
Price per square foot
$197
Texas $175
Paid vs. asking
98.1%
0% sold over asking
For sale now
2
May 2026 · 2 sold that month
Rent or buy?

Owning the typical Elmo home costs about $2,637 a month

Mortgage
Property tax
Insurance
Rent

Price: Elmo’s typical sale, last 12 months. Property tax at Elmo’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Elmo is affordable on local pay is on Cost of living.

Before you buy in Elmo

Five things worth knowing

1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $411K home, about $5,910 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Elmo, from test results, graduation and how much students grow.

Schools in Elmo
39 min

Typical commute

The average one-way trip to work for people who live in Elmo.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Elmo, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Elmo. People who follow the town see it, and so do people comparing Elmo with their own town. No commission, no listing fee.

Questions about buying a home in Elmo

What do homes sell for in Elmo, TX?

5 homes sold in the year to May 2026 at a typical $411K, $197 a square foot.

Is Elmo a buyer’s or seller’s market?

A seller’s market: 2 homes were for sale in May 2026 and 2 sold, about 1 months of supply. Buyers paid 98.1% of asking on average, and 50% of listings cut their price.

How much are property taxes in Elmo?

About 1.4% of a home’s value a year. On a $411K home that’s near $5,910.

Where can I see homes for sale in Elmo?

Zillow, Redfin, Realtor.com and Homes.com all carry Elmo’s MLS listings; the search links above open each one filtered to Elmo.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).