Market Overview
Home Prices in Little Elm, TX
The median home value in Little Elm, TX is $402,876 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.8% compared to a year ago and down 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Little Elm are priced2% below average. Little Elm is part of the Dallas-Fort Worth-Arlington, TX metro area.
Over the past five years, Little Elm home values have risen by approximately10.4%, reflecting steady appreciation in this market.
Price History
Little Elm Home Price Trend
City Comparison
Little Elm vs. National Median
At $402,876, homes in Little Elm cost 2% below the national median of $410,000. This makes Little Elm a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Little Elm?
20% Down Payment
$80,575
on $402,876
Monthly P&I
$2,101/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,668/mo
incl. taxes & insurance
Income Needed
$106,720
gross annual (30% rule)
10% Down Option
$40,288
+ PMI applies
Loan Amount (20% dn)
$322,301
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Little Elm, TX?
The median home value in Little Elm is $402,876 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.8% year-over-year.
How much have home prices changed in Little Elm?
Over the past year, home values in Little Elm have decreased by 6.8%. Over five years, prices have risen approximately 10.4%.
How much do I need to earn to buy a home in Little Elm?
To comfortably afford the median home price of $402,876 with a 20% down payment ($80,575) at today's rates (6.8%), you'd need a gross annual income of approximately $106,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Little Elm compare to the national average home price?
The national median home value is approximately $410,000. At $402,876, homes in Little Elm are 2% below the national average.
What metro area is Little Elm part of?
Little Elm is part of the Dallas-Fort Worth-Arlington, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.