All Home Types
South Elgin, IL Housing Market
What is the housing market like in South Elgin today?
In January 2025, South Elgin home prices were down 11.9% compared to last year, selling for a median price of $280K. On average, homes in South Elgin sell after 38 days on the market compared to 46 days last year. There were 9 homes sold in January this year, down from 13 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,000
-11.9% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
South Elgin, IL
$280,000
-11.9%
United States
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South Elgin Migration & Relocation Trends
In Dec '24 - Feb '25, 16% of South Elgin homebuyers searched to move out of South Elgin, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into South Elgin from outside metros.
- Peoria homebuyers searched to move into South Elgin more than any other metro followed by New York and Springfield.
Where are people moving to South Elgin from?
- 84% of South Elgin homebuyers searched to stay within the South Elgin metropolitan area.
- Cape Coral was the most popular destination among South Elgin homebuyers followed by Phoenix and Sarasota.
Where are people from South Elgin moving to?
Number of People Moving to South Elgin
least
most
People are moving to South Elgin from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,018 | ||
| 2 | 825 | ||
| 3 | 682 | ||
| 4 | 638 | ||
| 5 | 604 | ||
| 6 | 340 | ||
| 7 | 301 | ||
| 8 | 292 | ||
| 9 | 282 | ||
| 10 | 273 | ||
People are leaving South Elgin for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,000 | ||
| 2 | 1,179 | ||
| 3 | 1,104 | ||
| 4 | 999 | ||
| 5 | 910 | ||
| 6 | 882 | ||
| 7 | 882 | ||
| 8 | 865 | ||
| 9 | 838 | ||
| 10 | 715 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Elgin.
Provided by First Street Foundation
Transportation in South Elgin
Learn about the walkability, bikeability, and transit-friendliness of South Elgin
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Somewhat Bikeable
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