Elgin Market Report
$358,816
AVERAGE PRICE OF 235 HOMES$214,536
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,492,500
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$331,235
AVERAGE PRICE OF 128 NEWLY BUILT HOMES$978,980
AVERAGE PRICE OF 5 HOMES WITH A POOL$371,844
AVERAGE PRICE OF 9 REDUCED PRICE HOMESAverage Home
| Average Price | $358,816 |
| Avg Bedrooms | 3.79 beds |
| Avg Bathrooms | 3 baths |
Average Price by Bedrooms
| 2 bedrooms | $366,800 |
| 3 bedrooms | $266,323 |
| 4 bedrooms | $377,688 |
| 5 bedrooms | $475,135 |
Elgin Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 255 | 272 | 289 | 286 | 284 |
| Average Price | $362,443 | $350,119 | $349,503 | $352,253 | $347,326 |
| Avg Price Change | +3.52% | +0.18% | -0.79% | +1.42% | +0.36% |
| Median Price | $307,231 | $300,648 | $298,811 | $299,535 | $296,813 |
| Med Price Change | +2.19% | +0.61% | -0.24% | +0.92% | -0.46% |
| Avg Bedrooms | 3.75 beds | 3.73 beds | 3.73 beds | 3.81 beds | 3.8 beds |
| Avg Bathrooms | 3.02 baths | 2.99 baths | 2.99 baths | 3.04 baths | 3.05 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Spring Valley | 156 | $373,059 | 72 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 235 | $358,816 | 82 days |
| Distressed Homes | 3 | $214,536 | 92 days |
| Multi-Million Dollar Homes | 4 | $1,492,500 | 67 days |
| Newly Built Homes | 128 | $331,235 | 79 days |
| Homes with a Pool | 5 | $978,980 | 67 days |
| Reduced Price Homes | 9 | $371,844 | 34 days |
