Elgin Market Report

$286,930

AVERAGE PRICE OF 598 HOMES

$174,575

AVERAGE PRICE OF 25 DISTRESSED HOMES

$1,525,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$372,191

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$394,425

AVERAGE PRICE OF 12 HOMES WITH A POOL

$271,267

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $286,930
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $89,900
2 bedrooms $200,636
3 bedrooms $246,521
4 bedrooms $345,550
5 bedrooms $378,376
Elgin Home Price Trends
  3/2020 2/2020 1/2020 12/2019 11/2019
Total Listings 624 575 532 559 639
Average Price $289,270 $281,330 $272,861 $269,648 $270,665
Avg Price Change +2.82% +3.10% +1.19% -0.38% -1.39%
Median Price $261,982 $249,678 $237,230 $237,396 $243,250
Med Price Change +4.93% +5.25% -0.07% -2.47% -1.91%
Avg Bedrooms 3.39 beds 3.33 beds 3.32 beds 3.35 beds 3.38 beds
Avg Bathrooms 2.71 baths 2.68 baths 2.62 baths 2.61 baths 2.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central High School 112 $387,601 74 days
Elgin High School 68 $215,731 60 days
Larkin High School 67 $236,376 63 days
South Elgin High School 82 $328,720 69 days
Streamwood High School 7 $295,685 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 598 $286,930 72 days
Distressed Homes 25 $174,575 132 days
Multi-Million Dollar Homes 2 $1,525,000 194 days
Newly Built Homes 83 $372,191 79 days
Homes with a Pool 12 $394,425 54 days
Reduced Price Homes 23 $271,267 92 days
Xperience Real Estate Team | Keller Williams Realty
700 Busse Hwy
Park Ridge, IL 60068

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