Housing Trends In Elgin IL

Elgin Real Estate Analysis

Start your search for homes in Elgin Illinois here

Elgin Real Estate Market Stats

Average Home Values

Price Distribution


Home Averages

$121,300 Average Price

Owners vs Renters

Local vs National Home Values

  Local National Zillow Home Value Index $121,000 $148,100 Median Single Family Home Value $121,800 $148,200 Median Condo Value $115,500 $147,000 Median 2-Bedroom Home Value $102,600 $111,000 Median 3-Bedroom Home Value $127,000 $142,000 Median 4-Bedroom Home Value $187,700 $232,800 Percent Homes Decreasing 69.5% 51.7% Percent Listing Price Reduction 36.8% 30.8% Median List Price Per Sq Ft $93 $93 Median List Price $130,000 $189,000 Median Sale Price $121,300 $190,700 Homes Recently Sold 131 300,667 Property Tax $4,793 $2,111 Turnover (Sold Within Last Yr.) 3.6% 3.3% Median Value Per Sq Ft $90 $107 1-Yr. Change -9.3% -0.9% Homes For Sale By Owner 20 54,355 New Construction 58 44,616 Foreclosures 1,287 540,546

Local vs National Demographics

  Local National Median Household Income 52,605 44,512 Single Males 15.9% 14.6% Single Females 12.7% 12.5% Median Age 32 36 Homes With Kids 38% 31.4% Average Household Size 2 2 Average Commute Time (Minutes) 27 26
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About Big Daddy Guru

Real estate broker in Bartlett and the Chicago metro area. I've been helping people to buy and sell homes just like yours for over 30 years.
This entry was posted in Big Daddy Guru, Foreclosures, Homes for Sale, Housing Trends, Parade of Homes and tagged , , , , , , , , , , . Bookmark the permalink.

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