Housing in South Elgin, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$336,500
Median List Price
$359,900
Price Per Sq Ft
$186
Days on Market
57
Active Inventory
30
Months of Supply
1.3
Seller's market
Zillow Home Value
$357,199
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.8%
Off Market in 2 Weeks
40.9%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
24
New Listings
17
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$186
Median List $/SF
$214
South Elgin vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. South Elgin is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$296,100
Median Rent
$1,619
Total Housing Units
8,614
Vacancy Rate
1.9%
Owner Occupied
81.3%
Renter Occupied
18.7%
Median Property Tax
$7,244
per year
Monthly Cost (w/ Mortgage)
$1,945
Housing Types
The current median sale price in South Elgin, IL is $336,500 according to Redfin data. Homes spend a median of 57 days on the market. 20.8% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $186. The median rent is $1,619 per month (Census ACS). About 81.3% of housing units are owner-occupied. The median year homes were built is 1996. There are 8,614 total housing units.