Elgin Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $179,900
    1% ( $2,100 ) vs Jan 2016
  • Median Sales Price
    $141,500
    8% ( $10,500 ) vs Jan 2016
  • Median Foreclosure Sales Price
    $132,000
    1% ( $1,500 ) vs Jan 2016
  • Foreclosures 497
    Homes for Sale 193
    Recently Sold 182

Market Summary

There are currently 497 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 193.

In February, the number of properties that received a foreclosure filing in Elgin, IL was 86% higher than the previous month and 42% higher than the same time last year.

Home sales for January 2017 were down 44% compared with the previous month, and down 92% 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 $132,000, or 7% lower than non-distressed home sales.

Sales Prices - Elgin, IL




Add this chart to your website.

$132,000 (Median Foreclosure Sales Price) $133,500 (Median Foreclosure Sales Price) $117,920 (Median Foreclosure Sales Price) $129,210 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $141,500 (Median Sales Price) $131,000 (Median Sales Price) $125,000 (Median Sales Price) $141,333 (Median Sales Price) $152,500 (Median Sales Price) $155,750 (Median Sales Price) $132,000 (Median Foreclosure Sales Price) $133,500 (Median Foreclosure Sales Price) $117,920 (Median Foreclosure Sales Price) $129,210 (Median Foreclosure Sales Price) $101,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $141,500 (Median Sales Price) $131,000 (Median Sales Price) $125,000 (Median Sales Price) $141,333 (Median Sales Price) $152,500 (Median Sales Price) $155,750 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
RealtyTrac's parent company, ATTOM Data Solutions, 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
Hanover Park
23
50.0
% (y-o-y)
$157,000
13.5
% (y-o-y)
Data not available
Palatine
19
74.3
% (y-o-y)
$174,250
32.4
% (y-o-y)
33.9%
56.7
% (y-o-y)
Streamwood
19
61.2
% (y-o-y)
$183,000
10.2
% (y-o-y)
32.8%
33.7
% (y-o-y)
Schaumburg
18
78.0
% (y-o-y)
$195,000
10.1
% (y-o-y)
7.3%
21.3
% (y-o-y)
Carol Stream
10
63.0
% (y-o-y)
$198,750
31.6
% (y-o-y)
Data not available
Barrington
7
82.5
% (y-o-y)
$475,000
11.6
% (y-o-y)
Data not available
Bartlett
7
75.9
% (y-o-y)
$261,000
13.5
% (y-o-y)
Data not available
Hoffman Estates
1
97.6
% (y-o-y)
$185,000
0.8
% (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%

Get FREE, unrestricted access for 7 days!
Enjoy FREE access and get:
Exclusive insight into the largest and most
up-to-date database
of foreclosures
Up to 50% savings on foreclosures
The inside scoop on foreclosure deals before
anyone else
Detailed and accurate property information
Online training videos on how to get the best
deals
(and avoid costly mistakes)