Elk Grove Village Real Estate Market

Elk Grove Village Market

The median sale price for homes in Elk Grove Village over the last 12 months is $185,000.


The median mortgage debt is $167,953.

Additional Statistics for Single Family Homes and Condos in Elk Grove Village, IL
$194,290
Median Listing Price
88
Median Days on Market
204
Active Listings
22.1%
Distressed Listings
(foreclosures and short sales)
Elk Grove Village, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Elk Grove Village is $269,450. The list prices increased by 2.68% from the previous month.

The price per square foot for listings in this area is $160.

The median sale price in December for single family homes is $218,000. The sale prices increased by 5.06% from the previous month.

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Elk Grove Village, IL Market Inventory Trends

The number of active listings in Elk Grove Village dropped by 2.2% from the previous month.

The median number of days active properties have been listed is 59. This is significantly shorter than the national average.

The number of sales in December dropped by 30% from the previous month.

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Elk Grove Village, IL Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.