Elgin Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $182,000
    2% ( $4,000 ) vs Dec 2015
  • Median Sales Price
    $141,500
    0% ( $167 ) vs Dec 2015
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 531
    Homes for Sale 181
    Recently Sold 201

Market Summary

There are currently 531 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 181.

In January, the number of properties that received a foreclosure filing in Elgin, IL was 21% lower than the previous month and 11% lower than the same time last year.

Home sales for December 2016 were up 0% compared with the previous month, and down 79% compared with a year ago. The median sales price of a non-distressed home was $141,500. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Elgin, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $90,667 (Median Foreclosure Sales Price) $105,460 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $141,500 (Median Sales Price) $141,333 (Median Sales Price) $149,000 (Median Sales Price) $154,000 (Median Sales Price) $155,750 (Median Sales Price) $153,500 (Median Sales Price) $0 (Median Foreclosure Sales Price) $90,667 (Median Foreclosure Sales Price) $105,460 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $141,500 (Median Sales Price) $141,333 (Median Sales Price) $149,000 (Median Sales Price) $154,000 (Median Sales Price) $155,750 (Median Sales Price) $153,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Streamwood
20
50.0
% (y-o-y)
$168,000
5.0
% (y-o-y)
36.0%
37.8
% (y-o-y)
Palatine
16
72.9
% (y-o-y)
$175,000
24.2
% (y-o-y)
38.9%
65.7
% (y-o-y)
Schaumburg
16
65.2
% (y-o-y)
$196,750
9.9
% (y-o-y)
3.7%
20.8
% (y-o-y)
Bartlett
13
40.9
% (y-o-y)
$245,000
3.2
% (y-o-y)
Data not available
Hanover Park
11
71.8
% (y-o-y)
$146,500
0.2
% (y-o-y)
Data not available
Barrington
7
80.6
% (y-o-y)
$477,500
10.4
% (y-o-y)
Data not available
Carol Stream
4
77.8
% (y-o-y)
$196,000
34.9
% (y-o-y)
Data not available
Hoffman Estates
2
91.3
% (y-o-y)
$174,000
1.7
% (y-o-y)
Data not available

Local Info For Elgin

Population:
106,837
Cost of Living Index: 115.08
Crime Index: 58.82     Rating: B+ View crime details
Schools: 21    Average School Rating: C- View individual school rating
Household Median Income: $57,216
Unemployment: 7.70%
Percentage of vacant homes: 5.62%

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