Little Elm TX

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Little Elm, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Little Elm Housing Market Information

With 50,314 people, 13,622 houses or apartments, and a median cost of homes of $259,502, Little Elm real estate is some of the most expensive in Texas, although Little Elm home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Little Elm, accounting for 85.86% of the city's housing units. Other types of housing that are prevalent in Little Elm include large apartment complexes or high rise apartments ( 7.72%), mobile homes or trailers ( 4.94%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Little Elm. Owner-occupied housing accounts for 75.85% of Little Elm's homes, and 82.01% have either three or four bedrooms, which is average sized relative to America.

Little Elm homes and real estate are some of the newest in America. 88.37% of Little Elm's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Little Elm real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 10.47%), and between 1940-1969 ( 0.79%).

Little Elm Home Appreciation Rates

In the last 10 years, Little Elm has experienced some of the highest home appreciation rates of any community in the nation. Little Elm real estate appreciated 74.58% over the last ten years, which is an average annual home appreciation rate of 5.73%, putting Little Elm in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Little Elm definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Little Elm that despite a nationwide downturn in the housing market, Little Elm real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Little Elm appreciation rates continue to be some of the highest in America, at 7.48%, which is higher than appreciation rates in 80.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Little Elm. Little Elm appreciation rates in the latest quarter were at 1.31%, which equates to an annual appreciation rate of 5.34%.

Relative to Texas, our data show that Little Elm's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

Average Home Values


Median Home Value:


Value Range
> $1,270,000 0.1
$952,001 - $1,270,000 0.1
$635,001 - $952,000 1.0
$508,001 - $635,000 2.7
$381,001 - $508,000 14.2
$254,001 - $381,000 40.6
$127,001 - $254,000 36.1
$63,001 - $127,000 2.0
$0 - $63,000 3.2

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
27.0656934306569 12.9970902036857

Number Of Homes And Apartments:

Little Elm Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
102.35% 3.54%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,370 / per month

Homeownership Rate

Owners 75.85
Renters 24.15
Vacant 3.20

Housing Market Details


Age of Homes

2000 or Newer 88.4
1970 - 1999 10.5
1940 - 1969 0.8
1939 or Older 0.4

Types of Homes

Single-Family 85.9
Townhomes 0.7
Small Apt. Buildings 0.8
Apt. Complexes 7.7
Mobile Homes 4.9
Other 0.0

Home Size

No Bedroom 0.40
1 Bedroom 5.97
2 Bedrooms 4.69
3 Bedrooms 42.78
4 Bedrooms 39.22
5 or more bedrooms 6.94