South Elgin Real Estate Market

South Elgin Market

The median sale price for homes in South Elgin over the last 12 months is $186,250.


The median mortgage debt is $183,581.

Additional Statistics for Single Family Homes and Condos in South Elgin, IL
$167,620
Median Listing Price
79
Median Days on Market
126
Active Listings
45.2%
Distressed Listings
(foreclosures and short sales)
South Elgin, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in South Elgin is $204,900. The list prices dropped by -4.43% from the previous month.

The price per square foot for listings in this area is $110.

The median sale price in December for single family homes is $179,250. The sale prices increased by 33.27% from the previous month.

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South Elgin, IL Market Inventory Trends

The number of active listings in South Elgin dropped by 13.4% from the previous month.

The median number of days active properties have been listed is 76. This is significantly shorter than the national average.

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South Elgin, IL Property Ownership

The percent of unoccupied properties is very low in South Elgin. It is -11.77% below the national average.

The percent of owner occupied properties in South Elgin is 21.4% above the national average.

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