Sales Fall in South Elgin Real Estate Market

The South Elgin remained below its 12-month average sales volume this week as sales fell 3.4% to hit 28 homes sold over the last 30 days. Meanwhile, close-by Elgin reported 134 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in South Elgin, with the median for this period rising from $185,000 to $222,450. With only three months of inventory to sell, South Elgin is a seller's market, in spite of the dip in sales.

Out of all the listings in South Elgin, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:

$199K   $619K   $199K  

Get started right now by checking out South Elgin homes for sale or reviewing South Elgin real estate trends.

Demographic facts for South Elgin:

  • The average age of the population is 34 years old.
  • This area has a health cost index score of 106.5. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (21.5%), 15-29 min (28.5%), 30-44 min (22.2%), 45-59 min (12.2%), >60 min (15.7%).

Data reported through 10/12/2016

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Ask a local expert about this area:
Suburban Life Realty
Snapped 3 homes in this area
RE/MAX Unlimited Northwest
Snapped 5 homes in this area
Charles Rutenberg Realty of IL
Snapped 3 homes in this area

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