South Elgin, IL Real Estate Market Summary – September 7, 2026
In South Elgin, IL, the real estate market shows a total of 35 homes sold in the last 30 days. The average sale price was $397,804 with a median price of $389,900. Homes are averaging 17 days on the market before sale.
| Metric | 30 Days |
|---|---|
| Number Sold | 35 |
| Sold Per Day | 1.17 |
| Average SQFT | 1944 |
| Median Sales Price | $389,900 |
| Average Sales Price | $397,804 |
| Average Price Per SQFT | $216 |
| Average Days on Market | 17 |
| Average Year Built | 1995 |
South Elgin, IL Single Family Home Analysis
Within the single-family home segment, 19 properties have sold, with an average price of $456,856 and a median price of $445,000. These homes had an average living area of 2,181 square feet and spent about 19 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 19 |
| Sold Per Day | 1 every 1.58 days |
| Average SQFT | 2181 |
| Median Sales Price | $445,000 |
| Average Sales Price | $456,856 |
| Average Price Per SQFT | $221 |
| Average Days on Market | 19 |
| Average Year Built | 1990 |
South Elgin, IL Condo & Townhome Analysis
In the condo/townhome market, 10 units sold with an average sale price of $331,638 and a median price of $342,000. These properties have an average living area of 1,772 square feet and a quicker average time on the market of 12 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 10 |
| Sold Per Day | 1 every 3.00 days |
| Average SQFT | 1772 |
| Median Sales Price | $342,000 |
| Average Sales Price | $331,638 |
| Average Price Per SQFT | $201 |
| Average Days on Market | 12 |
| Average Year Built | 2008 |
Buyer & Seller Analysis
- Average sale price for all homes: $397,804
- Average days on market for all homes: 17 days
- Pace of listings: 1.17 homes per day
- Data does not disclose sale prices of all homes.
Conclusion
Overall, South Elgin’s market is showing consistent activity with a moderate pace of sales across different property segments. Buyers are finding varied options with realistically timed listings.