Elgin Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,450
    0% ( $450 ) vs May 2016
  • Median Sales Price
    $155,000
    5% ( $7,500 ) vs May 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 419
    Homes for Sale 413
    Recently Sold 286

Market Summary

There are currently 419 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 413.

In June, the number of properties that received a foreclosure filing in Elgin, IL was 5% higher than the previous month and 0% higher than the same time last year.

Home sales for May 2017 were up 17% compared with the previous month, and up 17% compared with a year ago. The median sales price of a non-distressed home was $155,000. 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) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $133,500 (Median Foreclosure Sales Price) $155,000 (Median Sales Price) $147,500 (Median Sales Price) $141,250 (Median Sales Price) $150,000 (Median Sales Price) $150,000 (Median Sales Price) $147,000 (Median Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $132,000 (Median Foreclosure Sales Price) $133,500 (Median Foreclosure Sales Price) $155,000 (Median Sales Price) $147,500 (Median Sales Price) $141,250 (Median Sales Price) $150,000 (Median Sales Price) $150,000 (Median Sales Price) $147,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Lake In The Hills
35
16.7
% (y-o-y)
$191,500
4.7
% (y-o-y)
Data not available
Carpentersville
33
3.1
% (y-o-y)
$145,500
0.3
% (y-o-y)
Data not available
Algonquin
21
16.0
% (y-o-y)
$219,000
5.0
% (y-o-y)
Data not available
Bartlett
21
19.2
% (y-o-y)
$235,000
0.0
% (y-o-y)
Data not available
Streamwood
21
27.6
% (y-o-y)
$194,000
13.5
% (y-o-y)
Data not available
Schaumburg
20
35.5
% (y-o-y)
$238,500
2.0
% (y-o-y)
Data not available
Hanover Park
18
47.1
% (y-o-y)
$190,000
18.8
% (y-o-y)
Data not available
Palatine
16
44.8
% (y-o-y)
$215,000
10.4
% (y-o-y)
Data not available
Dundee
16
45.5
% (y-o-y)
$192,750
2.3
% (y-o-y)
Data not available
Saint Charles
14
26.3
% (y-o-y)
$281,000
4.1
% (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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