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Elgin Housing Market Report

August 2026 • Updated daily from MLS data

$450,034
Average Price
163
Active Listings
41
Avg Days on Market
$197
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Elgin broken down by property type

113
Single Family
View listings
17
Condo
View listings
25
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Elgin home prices are distributed across price ranges

Under $100K
11
11
$100K–$200K
5
5
$200K–$300K
24
24
$300K–$500K
61
61
$500K–$750K
43
43
$750K–$1M
8
8
$1M+
5
5

Listings by Bedrooms

Bedroom count breakdown for active listings in Elgin

9
1 Bed
40
2 Bed
55
3 Bed
43
4 Bed
15
5+ Bed

Demographics & Community

Census data for Elgin, Illinois

23,841
Population
$118,293
Median Household Income
38.6
Median Age
$283,700
Census Median Home Value

Housing Occupancy

Total Housing Units8,393
Owner-Occupied6,626 (80.6%)
Renter-Occupied1,599 (19.4%)
Vacant Units168
Median Rent$1,637/mo

Commute & Education

Median Commute11701 min
Work From Home6.4%
Public Transit1.2%
Bachelor's Degree+24.7%
High School Diploma+0.1%

Affordability & Housing Costs

HUD data for the Elgin area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Elgin (2024)

309
Violent Crimes
1,258
Property Crimes
146
Burglaries
101
Vehicle Thefts

Building Permit Activity

IvyGro tracks 19,972 building permits issued by City of Elgin, with records dating back to 2023. In the last 12 months, 5,098 permits were issued, down 11% from the year before. Every Elgin listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

19,972
Permits on Record
5,098
Issued Last 12 Months
$5,204
Median Project Value (12 mo)
$199,854,230
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Util Engineering Utility 1700 N Randa…13
Misc Miscellaneous Application 150 De…7
Misc Miscellaneous Application 150 De…7
Util Engineering Utility 526 Dundee A…6
Tocc Occupancy/Temporary 270 N Grove …6
Util Engineering Utility 2635 Auto Ma…5

Permits Issued by Year

2023
5,334
2024
6,278
2025
5,414
2026
2,946

See the full Elgin permit report or browse Elgin listings to see the permit history for any home.

School Districts

School districts serving Elgin properties

46
301
300
303

Featured Listings in Elgin

Top properties currently on the market

1103 Stratford
$239,900
2
2
1,100 sqft
1103 Stratford
Elgin, IL
224 Big Peninsula
$20,000
2
2
224 Big Peninsula
Elgin, IL
102 Neutrenton
$315,000
3
3
1,482 sqft
102 Neutrenton
Elgin, IL
1130 Duncan
$395,000
3
3
2,800 sqft
1130 Duncan
Elgin, IL
1320 Burns
$399,900
3
3
1,738 sqft
1320 Burns
Elgin, IL
3138 TAUNTON
$319,800
3
3
2,190 sqft
3138 TAUNTON
Elgin, IL
View All Elgin Properties

Save $11,101 on the Average Elgin Home

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