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Elgin

Elgin Market Report

$553,757

AVERAGE PRICE OF 428 HOMES

$258,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,144,551

AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

$337,077

AVERAGE PRICE OF 120 NEWLY BUILT HOMES

$1,184,949

AVERAGE PRICE OF 22 HOMES WITH A POOL

$384,479

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $553,757
Avg Bedrooms 2.07 beds
Avg Bathrooms 1.47 baths

Average Price by Bedrooms

1 bedroom $247,875
2 bedrooms $499,602
3 bedrooms $520,087
4 bedrooms $462,138
5 bedrooms $462,924
Elgin Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 421 404 406 419 422
Average Price $546,994 $544,756 $606,884 $600,182 $605,299
Avg Price Change +0.41% -11.40% +1.12% -0.85% -1.76%
Median Price $346,046 $349,990 $362,213 $357,066 $353,986
Med Price Change -1.14% -3.49% +1.44% +0.87% -1.73%
Avg Bedrooms 2.06 beds 2.03 beds 1.98 beds 1.99 beds 2.08 beds
Avg Bathrooms 1.46 baths 1.44 baths 1.41 baths 1.41 baths 1.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Elgin 300 $543,029 84 days
Total Homes Average Price Avg Days on Site
All Homes 428 $553,757 102 days
Distressed Homes 2 $258,500 59 days
Multi-Million Dollar Homes 44 $2,144,551 124 days
Newly Built Homes 120 $337,077 75 days
Homes with a Pool 22 $1,184,949 85 days
Reduced Price Homes 19 $384,479 78 days