Elgin, IL housing market
Homes typically sell in 48 days, a little above asking.
Home values, sales, trends and how Elgin compares with the towns next door — updated as new data is published.
Elgin at a glance
A seller's market
Supply is tight — about 2.5 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Elgin and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Elgin | — | — | 48 | $90,282 |
| Campton Hills | $695K | +6.5% | 42 | $209,134 |
| West Dundee | $427K | +3.3% | 55 | $105,368 |
| Bartlett | $443K | +4.1% | 41 | $133,240 |
| Pingree Grove | $374K | +2.7% | 65 | $114,294 |
| South Elgin | $377K | +4.9% | 50 | $127,203 |
| Elgin | $340K | +4.4% | — | $92,771 |
3 years of income
The typical Elgin home costs about 3 years of the town's median household income, less than across Illinois (3.6 years).
How Elgin ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.