Elgin, IL Housing Market Trends

Market Overview for Q2 2026

$327K 4.8% Y-o-Y $15K Y-o-Y
$226 9.2% Y-o-Y $19 Y-o-Y
62 3.3% Y-o-Y 2 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Elgin, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $222,000 $270,000 $246,000 0
2023 0 $259,000 $283,000 $265,000
2024 0 $286,000 $300,000 0
2025 $305,000 $312,000 $315,000 0
2026 0 $327,000
Elgin, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $158 $187 $189 0
2023 0 $191 $195 $193
2024 0 $224 $216 0
2025 $197 $207 $217 0
2026 0 $226
Real Estate Transactions in Elgin, IL
Year Q1 Q2 Q3 Q4
2022 69 82 84 0
2023 0 80 70 66
2024 0 66 59 0
2025 51 60 69 0
2026 0 62
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Elgin, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $222,000 $270,000 $246,000 0
2023 0 $259,000 $283,000 $265,000
2024 0 $286,000 $300,000 0
2025 $305,000 $312,000 $315,000 0
2026 0 $327,000
Elgin, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $158 $187 $189 0
2023 0 $191 $195 $193
2024 0 $224 $216 0
2025 $197 $207 $217 0
2026 0 $226
Real Estate Transactions in Elgin, IL
Year Q1 Q2 Q3 Q4
2022 69 82 84 0
2023 0 80 70 66
2024 0 66 59 0
2025 51 60 69 0
2026 0 62
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Elgin, IL Housing Stock

Property Type
Units
Condo
617
Townhouse
1,060
Other
4,716

Cook County: Demographics

Total population
114,934
Median age
36.7
No high school education
9.2%
Some high school/college
36.8%
Bachelor's degree
16.7%
Average household income
$107,076
Occupied housing units
39,317
Owner-occupied units
71.9%
Renter-occupied units
28.1%
Median year structure built
1977

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Morton Grove
$463K
14
Oak Park
$450K
15
Mount Prospect
$438K
16
Skokie
$430K
17
Riverside
$430K
18
Harwood Heights
$424K
19
Orland Park
$412K
20
Hoffman Estates
$405K
21
Niles
$400K
22
Rolling Meadows
$395K
24
Palatine
$386K
25
Palos Heights
$379K
26
Prospect Heights
$378K
27
Westchester
$375K
28
Brookfield
$364K
29
Chicago
$360K
30
Forest Park
$360K
31
Melrose Park
$350K
32
Elmwood Park
$350K
33
Streamwood
$348K
34
Des Plaines
$340K
35
Schaumburg
$336K
36
Berwyn
$335K
37
Wheeling
$326K
38
Oak Forest
$317K
39
Oak Lawn
$310K
40
Burbank
$309K
41
Tinley Park
$305K
42
Cicero
$281K
43
Midlothian
$275K
44
Alsip
$269K
45
Palos Hills
$255K
46
Matteson
$250K
48
Homewood
$235K
49
South Holland
$223K
50
Chicago Heights
$208K
51
Lansing
$202K
52
Park Forest
$165K
53
Calumet City
$150K