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Elgin Real Estate Overview

Today, November 11, 2009

Market View for Elgin

Info
Avg. Listing Price $264,164 Wk ending Nov 04
+$1,725
+0.7%
w-o-w
Median Sales Price $161,000 Aug '09 - Oct '09
-$26,750
-14.2%
y-o-y
1,178Homes For Sale 1Open Homes
757Recently Sold 965Foreclosures

Market Trends for Elgin

Embed Info
Listing price – Elgin
Average Listing Price
$264,164
+0.7%
w-o-w
Median Sales Price
$161,000
-14.2%
y-o-y
Average price/sqft
$112
-12.5%
y-o-y
Number of Sales
321
-2.7%
y-o-y
More Elgin Market Trends
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Home Prices for Elgin

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 4
 
w-o-w

60120
$199,772
+2.2%
60123
$205,957
-0.7%
 
Movers & Shakers
Avg. listing price
Week ending Nov 4
 
w-o-w

60120
$199,772
+2.2%
60123
$205,957
-0.7%
 
View Elgin Home Prices Map
 

Elgin Summary

Average price per square foot for Elgin IL was $112, a decrease of 12.5% compared to the same period last year. The median sales price for homes in Elgin IL for Aug 09 to Oct 09 was $161,000 based on 321 home sales. Compared to the same period one year ago, the median home sales price decreased 14.2%, or $26,750, and the number of home sales decreased 2.7%.

There are currently 1,178 resale and new homes in Elgin on Trulia, including 1 open house, as well as 965 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Elgin IL was $264,164 for the week ending Nov 04, which represents an increase of 0.7%, or $1,725, compared to the prior week.

 

Schools in Elgin

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Central Cmty Unit Sd 301
Public
PK - 12
7
3,455
Elgin School District U - 46
Public
PK - 12
58
39,599
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Fox River Country Day School
Private
PK - 8
St Laurence School
Catholic
PK - 8
Harvest Christian Academy
Private
PK - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Elgin Schools
 

Community Info for Elgin

Info
More Elgin Community Info

Homes for Sale in Elgin

37W119 Brookside Drive, Elgin IL
37W119 Bro…
$165,000
3 br  1 ½ ba
527 South Street, Elgin IL
527 South…
$199,900
4 br  2 ba
2094 Monday Drive, Elgin IL
2094 Monday…
$200,000
4 br  2 ½ ba
571 Columbia Avenue, Elgin IL
571 Columb…
$119,500
3 br  2 ba
3390 Cameron Drive, Elgin IL
3390 Camer…
$205,485
2 br  2 ½ ba
602 Waterford Road, Elgin IL
602 Waterf…
$359,900
4 br  2 ½ ba
View all Elgin Homes for Sale
 
Stats & Trends
Elgin

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 60120
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  • 60123
  • 60124
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Nearby Cities

Cities
Median
sales price
Average
listing price
Plato Center
$313,000
$1,247,500
South Elgin
$183,250
$288,956
Sleepy Hollow
$233,500
$335,267
East Dundee
$168,500
$211,277
Gilberts
$272,250
$249,430
Carpentersville
$130,000
$183,827
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Advice & Opinions

Recent Q&A in Elgin, IL

Q: How much is a reasonable offer now for a home that has been on the market for 3-6 months, offered at $299, but possibly going into short sale? 7 answers
Q: What does BPO mean? 4 answers
Q: Looking for a realtor in Elgin,IL area to see what he/she thinks my house would sell for. 4 answers
Q: First time homebuyer with a lot of patience. I'm currently looking for a townhome. Out of all the townhomes I 2 answers
Q: I am looking at a condo in sandy creeks. It is 1830 west highland with 2 beds and 1 bath. What do you think? 3 answers

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Elgin, IL
  • Recent blog posts in Elgin, IL
  • Find a real estate professional Elgin, IL

Nearby Cities Real Estate

  • Plato Center Real Estate
  • South Elgin Real Estate
  • West Dundee Real Estate
  • Sleepy Hollow Real Estate
  • East Dundee Real Estate
  • Dundee Real Estate

Nearby Cities Sold Homes

  • Plato Center Sold Homes
  • South Elgin Sold Homes
  • West Dundee Sold Homes
  • Sleepy Hollow Sold Homes
  • East Dundee Sold Homes
  • Dundee Sold Homes

Nearby Cities Home Prices

  • Plato Center Home Prices
  • South Elgin Home Prices
  • West Dundee Home Prices
  • Sleepy Hollow Home Prices
  • East Dundee Home Prices
  • Dundee Home Prices

Elgin Stats & Trends

  • Elgin Market Trends
  • Elgin Schools
  • Elgin Community Info
  • Elgin Home Prices
  • Elgin Real Estate
  • Elgin Recently Sold Homes

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Elgin real estate—use Trulia to find real estate in Elgin as well real estate in other cities in Illinois. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Elgin real estate trends, market activity, and neighborhood information. Before buying a house in Elgin, research real estate on Trulia. Understanding the Elgin real estate market is your first step to buying a home in Elgin, Illinois. Our real estate guide gives your a valuable overview of the Elgin real estate market—find Elgin properties, sales statistics, real estate price trends, real estate market activity, comparisons of Elgin schools or Illinois schools, and general demographic information for Elgin, IL. Trulia's real estate guide combines a Elgin map with a detailed list of Elgin neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Elgin.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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