The South Elgin housing market is very competitive. Homes in South Elgin receive 6 offers on average and sell in around 35 days. The median sale price of a home in South Elgin was $310K last month, down 18.4% since last year. The median sale price per square foot in South Elgin is $219, up 11.7% since last year.
What is the housing market like in South Elgin today?
In June 2025, South Elgin home prices were down 18.4% compared to last year, selling for a median price of $310K. On average, homes in South Elgin sell after 35 days on the market compared to 60 days last year. There were 29 homes sold in June this year, down from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$310,000
-18.4% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
South Elgin, IL
$310,000
-18.4%
United States
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How hot is the South Elgin housing market?
South Elgin is very competitive. Homes sell in 39.5 days.
0
100
76
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 40 days.
Hot homes
can sell for about 4% above list price and go pending in around 29 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for South Elgin
Explore recent offers and recently sold homes in South Elgin
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Elgin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Elgin.
Flood Factor - Major
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Elgin has a major risk of flooding. 771 properties in South Elgin are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in South Elgin. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Elgin has a moderate risk of wildfire. There are 4,000 properties in South Elgin that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in South Elgin.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
South Elgin has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Elgin is most at risk from hurricanes. 7,386 properties in South Elgin have some risk of being in a severe wind event within the next 30 years.