Little Elm, TX—75068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Little Elm, TX
As of Oct '25, the median home price in Little Elm, TX is $406,000, with a year-over-year change of -6.3%. This indicates that home prices in Little Elm, TX are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | -6.3% |
| Single Family | $406,000 | -6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $274,000 | -6.8% |
3 Bed | $348,000 | -7.2% |
4 Bed | $443,000 | -6.5% |
| 5 Bed | $577,000 | -6.3% |
% of Housing Stock
Rental Trends — Little Elm, TX
As of July '25, Rentcast reports the average rent in Little Elm, TX is $2,360, with a year-over-year rent change of -4.8%. Per bedroom, the median rent as of July '25 in Little Elm, TX is studios: $1,290, 1-bedrooms: $1,520, 2-bedrooms: $2,070, 3-bedrooms: $2,290, 4-bedrooms: $2,740. The most common rental property sizes in Little Elm, TX are 3-bedroom and 4-bedroom, accounting for 41.3% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,360 |
| Studio Rent | $1,270 | $1,290 |
| 1 Bed Rent | $1,460 | $1,520 |
| 2 Bed Rent | $2,110 | $2,070 |
| 3 Bed Rent | $2,250 | $2,290 |
| 4 Bed Rent | $2,700 | $2,740 |
% of Rental Stock
Property Listings — Little Elm, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Little Elm, TX is 69. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -5.0% |
Listing Count | 546 | 19.0% |
| Listings as % of Homes | 1.3% | 19.0% |
Days on Market | 69 | 34.0% |
Demographics — Little Elm, TX
As of the latest ACS Survey released in 2023, Little Elm, TX has a population of 70,600, which has increased by 15.6% over the past 5 years. Little Elm, TX is a popular place for families, as children make up 29.8% of the population. The area has a moderately educated workforce, with 43.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 70,600 | 15.6% |
% Under 18 | 29.8% | -4.5% |
% Seniors | 8.2% | 30.2% |
% WFH | 26.6% | 285.5% |
% w/ College Degree | 43.5% | 0.2% |
As of the latest ACS Survey released in 2023, Little Elm, TX is a predominantly white area, with 40.1% of the population identifying as white. The white population has shrunk by 25.2% in the last 5 years. The second most common race or ethnicity in Little Elm, TX is hispanic, making up 22.6% of the population. Foreign-born residents account for 19.3% of the population in Little Elm, TX, and this percentage has increased by 12.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 40.1% | -25.2% |
% Black | 19.2% | 15.0% |
% Hispanic | 22.6% | 7.1% |
% Asian | 11.6% | 118.9% |
% Foreign Born | 19.3% | 12.9% |
Mortgage and Risk — Little Elm, TX
According to HUD data as of 2023, there were 521 mortgage originations in Little Elm, TX, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Little Elm, TX. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 521 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Little Elm, TX
As of 2024, the percent of homes in Little Elm, TX under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Little Elm, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 747 |
Total Units Section 8 | 747 |
% Rentals under Section 8 | 15.3% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $780 | $1,460 | $2,240 |
| 2 Bedroom | $520 | $2,110 | $2,630 |
| 3 Bedroom | $1,050 | $2,250 | $3,300 |
| 4 Bedroom | $1,530 | $2,700 | $4,230 |
Affordability — Little Elm, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $406,000 |
| Median Household Income | $126,000 |