Elgin Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $160,700
    1% ( $1,300 ) vs Aug 2013
  • Median Sales Price
    $157,750
    9% ( $13,250 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $103,750
    8% ( $7,500 ) vs Aug 2013
  • Foreclosures 971
    Homes for Sale 292
    Recently Sold 1,138

Market Summary

There are currently 971 properties in Elgin, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 292.

In September, the number of properties that received a foreclosure filing in Elgin, IL was 6% higher than the previous month and 64% lower than the same time last year.

Home sales for August 2014 were up 19% compared with the previous month, and down 30% compared with a year ago. The median sales price of a non-distressed home was $157,750. The median sales price of a foreclosure home was $103,750, or 34% lower than non-distressed home sales.

Sales Prices - Elgin, IL




Add this chart to your website.

$103,750 (Median Foreclosure Sales Price) $96,250 (Median Foreclosure Sales Price) $91,000 (Median Foreclosure Sales Price) $87,000 (Median Foreclosure Sales Price) $86,500 (Median Foreclosure Sales Price) $88,290 (Median Foreclosure Sales Price) $157,750 (Median Sales Price) $144,500 (Median Sales Price) $145,000 (Median Sales Price) $137,500 (Median Sales Price) $137,250 (Median Sales Price) $135,500 (Median Sales Price) $103,750 (Median Foreclosure Sales Price) $96,250 (Median Foreclosure Sales Price) $91,000 (Median Foreclosure Sales Price) $87,000 (Median Foreclosure Sales Price) $86,500 (Median Foreclosure Sales Price) $88,290 (Median Foreclosure Sales Price) $157,750 (Median Sales Price) $144,500 (Median Sales Price) $145,000 (Median Sales Price) $137,500 (Median Sales Price) $137,250 (Median Sales Price) $135,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac can supply you with this data through reports or a data license. Contact us now!

Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Schaumburg
124
47.2
% (y-o-y)
$205,000
7.0
% (y-o-y)
23.9%
49.2
% (y-o-y)
Saint Charles
99
29.3
% (y-o-y)
$305,000
6.3
% (y-o-y)
28.9%
47.0
% (y-o-y)
Palatine
91
47.7
% (y-o-y)
$253,500
1.4
% (y-o-y)
58.8%
68.2
% (y-o-y)
Barrington
65
44.4
% (y-o-y)
$427,500
6.0
% (y-o-y)
9.0%
27.5
% (y-o-y)
Bartlett
61
39.0
% (y-o-y)
$245,000
3.2
% (y-o-y)
8.2%
33.7
% (y-o-y)
Streamwood
56
46.7
% (y-o-y)
$159,000
2.6
% (y-o-y)
24.4%
31.0
% (y-o-y)
Geneva
50
31.5
% (y-o-y)
$315,000
4.5
% (y-o-y)
36.5%
30.3
% (y-o-y)
Carpentersville
48
46.1
% (y-o-y)
$130,000
17.1
% (y-o-y)
37.3%
37.4
% (y-o-y)
Lake In The Hills
48
28.4
% (y-o-y)
$185,000
6.8
% (y-o-y)
30.9%
43.3
% (y-o-y)
Carol Stream
46
28.1
% (y-o-y)
$220,000
24.6
% (y-o-y)
38.0%
26.6
% (y-o-y)

Local Info For Elgin

Population:
106,837
Cost of Living Index: 115.08
Crime Index: 84.10     Rating: B View crime details
Schools: 21    Average School Rating: C- View individual school rating
Household Median Income: $57,216
Unemployment: 5.90%
Percentage of vacant homes: 5.62%