Over the last 30 days, 11 homes were sold in the Elgin market, down 15.4%. Additionally, the market is still in a persistent downward trend overall. As sales trended lower, the median sales price went down as well, trending downwards for four weeks to $151,000. Despite the falling sales numbers and prices, there are only two months of inventory remaining, indicating that Elgin is still a definite seller's market.
If you are curious about inexpensive homes in Elgin, start off by checking out these great listings:
Get started right now by checking out Elgin homes for sale or reviewing Elgin real estate trends.