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Elgin

Elgin Market Report

$740,418

AVERAGE PRICE OF 199 HOMES

$2,888,859

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$360,340

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$2,858,750

AVERAGE PRICE OF 4 HOMES WITH A POOL

$82,250

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $740,418
Avg Bedrooms 2.47 beds
Avg Bathrooms 1.75 baths

Average Price by Bedrooms

1 bedroom $713,333
2 bedrooms $285,000
3 bedrooms $563,272
4 bedrooms $364,308
5 bedrooms $401,003
Elgin Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 209 220 238 221 220
Average Price $614,302 $542,553 $507,954 $471,256 $411,637
Avg Price Change +13.22% +6.81% +7.79% +14.48% +8.50%
Median Price $300,516 $288,900 $284,642 $278,900 $278,801
Med Price Change +4.02% +1.50% +2.06% +0.04% +2.66%
Avg Bedrooms 2.74 beds 2.92 beds 2.99 beds 3.11 beds 3.17 beds
Avg Bathrooms 1.93 baths 2.02 baths 2.07 baths 2.07 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Del Valle 1 $339,000 188 days
Elgin 165 $668,476 113 days
Lexington 4 $1,186,390 50 days
Other 3 $771,333 38 days
Taylor 9 $836,000 119 days
Total Homes Average Price Avg Days on Site
All Homes 199 $740,418 111 days
Multi-Million Dollar Homes 30 $2,888,859 109 days
Newly Built Homes 83 $360,340 154 days
Homes with a Pool 4 $2,858,750 85 days
Reduced Price Homes 2 $82,250 78 days