All Home Types
Elgin, IL Housing Market
What is the housing market like in Elgin today?
In June 2025, Elgin home prices were up 11.7% compared to last year, selling for a median price of $352K. On average, homes in Elgin sell after 42 days on the market compared to 48 days last year. There were 109 homes sold in June this year, down from 127 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$352,000
+11.7% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Elgin, IL
$352,000
+11.7%
United States
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Elgin Migration & Relocation Trends
In Feb '25 - Apr '25, 16% of Elgin homebuyers searched to move out of Elgin, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Elgin from outside metros.
- Peoria homebuyers searched to move into Elgin more than any other metro followed by Rockford and New York.
Where are people moving to Elgin from?
- 84% of Elgin homebuyers searched to stay within the Elgin metropolitan area.
- Cape Coral was the most popular destination among Elgin homebuyers followed by Phoenix and Sarasota.
Where are people from Elgin moving to?
Number of People Moving to Elgin
least
most
People are moving to Elgin from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 1,034 | ||
| 2 | 992 | ||
| 3 | 916 | ||
| 4 | 738 | ||
| 5 | 732 | ||
| 6 | 452 | ||
| 7 | 447 | ||
| 8 | 431 | ||
| 9 | 290 | ||
| 10 | 249 | ||
People are leaving Elgin for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 1,949 | ||
| 2 | 1,618 | ||
| 3 | 1,171 | ||
| 4 | 1,145 | ||
| 5 | 1,076 | ||
| 6 | 1,038 | ||
| 7 | 1,016 | ||
| 8 | 1,005 | ||
| 9 | 922 | ||
| 10 | 785 | ||
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 Elgin.
Provided by First Street Foundation
Transportation in Elgin
Learn about the walkability, bikeability, and transit-friendliness of Elgin
Car-Dependent
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Bikeable
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