Elgin Market Report
$521,467
AVERAGE PRICE OF 470 HOMES$422,500
AVERAGE PRICE OF 4 DISTRESSED HOMES$2,642,134
AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES$339,436
AVERAGE PRICE OF 201 NEWLY BUILT HOMES$1,827,260
AVERAGE PRICE OF 23 HOMES WITH A POOL$539,946
AVERAGE PRICE OF 23 REDUCED PRICE HOMESAverage Home
Average Price | $521,467 |
Avg Bedrooms | 2.46 beds |
Avg Bathrooms | 1.78 baths |
Average Price by Bedrooms
1 bedroom | $487,125 |
2 bedrooms | $442,930 |
3 bedrooms | $399,568 |
4 bedrooms | $392,288 |
5 bedrooms | $630,627 |
Elgin Home Price Trends
1/2025 | 12/2024 | 11/2024 | 10/2024 | 9/2024 | |
---|---|---|---|---|---|
Total Listings | 466 | 503 | 515 | 521 | 517 |
Average Price | $516,767 | $546,900 | $557,354 | $553,884 | $549,218 |
Avg Price Change | -5.83% | -1.91% | +0.63% | +0.85% | -6.56% |
Median Price | $317,745 | $318,928 | $317,403 | $316,377 | $318,345 |
Med Price Change | -0.37% | +0.48% | +0.32% | -0.62% | -2.49% |
Avg Bedrooms | 2.47 beds | 2.4 beds | 2.36 beds | 2.28 beds | 2.27 beds |
Avg Bathrooms | 1.78 baths | 1.74 baths | 1.71 baths | 1.62 baths | 1.6 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Elgin | 365 | $502,859 | 119 days |
Home Price by House Size
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 470 | $521,467 | 171 days |
Distressed Homes | 4 | $422,500 | 123 days |
Multi-Million Dollar Homes | 39 | $2,642,134 | 193 days |
Newly Built Homes | 201 | $339,436 | 112 days |
Homes with a Pool | 23 | $1,827,260 | 155 days |
Reduced Price Homes | 23 | $539,946 | 103 days |