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Elgin

Elgin Market Report

$670,677

AVERAGE PRICE OF 368 HOMES

$809,017

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,660,347

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$366,583

AVERAGE PRICE OF 138 NEWLY BUILT HOMES

$1,557,089

AVERAGE PRICE OF 9 HOMES WITH A POOL

$603,990

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $670,677
Avg Bedrooms 2.17 beds
Avg Bathrooms 1.54 baths

Average Price by Bedrooms

1 bedroom $879,000
2 bedrooms $337,641
3 bedrooms $605,605
4 bedrooms $630,470
5 bedrooms $536,020
Elgin Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 365 342 346 328 n/a
Average Price $711,480 $844,446 $848,023 $871,057 n/a
Avg Price Change -18.69% -0.42% -2.72% n/a n/a
Median Price $361,802 $373,697 $379,456 $383,347 n/a
Med Price Change -3.29% -1.54% -1.03% n/a n/a
Avg Bedrooms 2.09 beds 2.12 beds 2.26 beds 2.29 beds n/a
Avg Bathrooms 1.49 baths 1.51 baths 1.58 baths 1.59 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Elgin 283 $612,726 83 days
Lexington 42 $261,373 168 days
Manor 3 $437,000 140 days
Taylor 17 $1,076,956 145 days
Thrall 5 $1,202,781 140 days
Total Homes Average Price Avg Days on Site
All Homes 368 $670,677 104 days
Distressed Homes 2 $809,017 50 days
Multi-Million Dollar Homes 48 $2,660,347 143 days
Newly Built Homes 138 $366,583 68 days
Homes with a Pool 9 $1,557,089 78 days
Reduced Price Homes 11 $603,990 49 days