Home/South Elgin/Market Report

South Elgin Housing Market Report

August 2026 • Updated daily from MLS data

$436,416
Average Price
41
Active Listings
27
Avg Days on Market
$214
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in South Elgin broken down by property type

Price Distribution

How South Elgin home prices are distributed across price ranges

Under $100K
1
1
$100K–$200K
0
$200K–$300K
5
5
$300K–$500K
24
24
$500K–$750K
9
9
$750K–$1M
2
2
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in South Elgin

0
1 Bed
6
2 Bed
23
3 Bed
8
4 Bed
3
5+ Bed

Demographics & Community

Census data for South 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 South 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 South Elgin (2024)

46
Violent Crimes
163
Property Crimes
21
Burglaries
20
Vehicle Thefts

Building Permit Activity

IvyGro tracks 14,014 building permits issued by Village of South Elgin, with records dating back to 2018. In the last 12 months, 1,064 permits were issued, down 28% from the year before. Every South Elgin listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

14,014
Permits on Record
1,064
Issued Last 12 Months
$11,468
Median Project Value (12 mo)
$66,327,184
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Roof1,376
Fence714
Window Or Door703
Drive/Sidewalk481
Patio399
Res New Sfa381

Permits Issued by Year

2018
1,312
2019
1,427
2020
1,272
2021
1,745
2022
1,512
2023
1,706
2024
1,663
2025
1,439
2026
772

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

School Districts

School districts serving South Elgin properties

46
303

Featured Listings in South Elgin

Top properties currently on the market

Save $10,692 on the Average South Elgin Home

Traditional agents charge 3% commission ($13,092). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.