South Elgin, IL housing market
The typical South Elgin home is worth about $377,000, up 4.9% in a year, 27% above the Illinois typical home. Homes typically sell in 50 days, a little above asking.
Home values, sales, trends and how South Elgin compares with the towns next door — updated as new data is published.
South Elgin at a glance
A seller's market
Supply is tight — about 3.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | South Elgin | Illinois |
|---|---|---|
| 2017 | $218,000 | $181,000 |
| 2018 | $233,000 | $190,000 |
| 2019 | $241,000 | $195,000 |
| 2020 | $246,000 | $200,000 |
| 2021 | $264,000 | $215,000 |
| 2022 | $294,000 | $236,000 |
| 2023 | $315,000 | $248,000 |
| 2024 | $334,000 | $263,000 |
| 2025 | $356,000 | $278,000 |
| 2026 | $368,000 | $290,000 |
| August 2026 | $377,000 | $298,000 |
South Elgin and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| South Elgin | $377K | +4.9% | 50 | $127,203 |
| Elgin | — | — | 48 | $90,282 |
| Elgin | $340K | +4.4% | — | $92,771 |
| St. Charles | $480K | +6.3% | — | $128,204 |
| Bartlett | $443K | +4.1% | 41 | $133,240 |
3 years of income
The typical South Elgin home costs about 3 years of the town's median household income, less than across Illinois (3.6 years).
How South Elgin ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in South Elgin
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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.