The Southeast Elgin housing market is somewhat competitive. The median sale price of a home in Southeast Elgin was $265K last month, up 17.8% since last year. The median sale price per square foot in Southeast Elgin is $192, up 13.9% since last year.
What is the housing market like in Southeast Elgin today?
In March 2024, Southeast Elgin home prices were up 17.8% compared to last year, selling for a median price of $265K. On average, homes in Southeast Elgin sell after 50 days on the market compared to 58 days last year. There were 39 homes sold in March this year, down from 59 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$265,000
+17.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southeast Elgin, IL
$265,000
+17.8%
United States
To compare other locations to the Southeast Elgin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Elgin add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Southeast Elgin housing market?
Southeast Elgin is somewhat competitive. Homes sell in 46 days.
0
100
65
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 46 days.
Hot homes
can sell for about 4% above list price and go pending in around 32 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Hilltop Elementary School
Public • PreK-6
598
Students
12 reviews
5/10
Huff Elementary School
Public • PreK-6
595
Students
5 reviews
5/10
Clinton Elementary School
Public • K-6
454
Students
10 reviews
4/10
Lords Park Elementary School
Public • PreK-6
667
Students
1 reviews
4/10
Channing Memorial Elementary School
Public • K-6
437
Students
3 reviews
Only showing 5 of
8 elementary schools.
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 Southeast Elgin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southeast Elgin.
Risk Factor
Flood Factor - Major
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southeast Elgin has a major risk of flooding. 263 properties in Southeast Elgin are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Southeast Elgin. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southeast Elgin has a moderate risk of wildfire. There are 591 properties in Southeast Elgin that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in Southeast Elgin.
Southeast Elgin has minimal risk of severe winds over the next 30 years
Wind Factor
Southeast Elgin has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
74% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Southeast Elgin has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 74% of homes in Southeast Elgin have a Moderate Heat Factor®.
Southeast Elgin is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Southeast Elgin is expected to experience 8