REAL ESTATE MARKET

SOUTH ELGIN, ILLINOIS

August 2020

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SOUTH ELGIN REAL ESTATE

IS A BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 6.06months
    To Sell All Homes Presently For Sale
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HOW MUCH DID south elgin BUYER PAY?

Buyers payed

Under asking price

25

Buyers payed

At asking price

4

Buyers payed

Over asking price

7

There are more south elgin buyers paying under asking price.
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WHY DOES south elgin HAVE A BALANCED MARKET?

August 2020

187

  • Active Homes For Sale

Last 12 Months

370

  • Homes Sold
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HOW south elgin market trend from last Year?

Active Homes For Sale

  • July 2019

    166

  • July 2020

    187

Homes Sold

  • July 2019

    35

  • July 2020

    36
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 24

CONDOS

Sold 6
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HOW LONG DOES IT TAKE TO SELL IN south elgin?

south elgin Single Family Homes

Sell Slower In July Vs June

  • June 2020

    29 days

  • July 2020

    46 days

south elgin Condo, duplex & town-homes

Sell Slower In July Vs June

  • June 2020

    25 days

  • July 2020

    35 days
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HOW ARE PRICES TRENDING IN south elgin?

Avarage list price decrease

Buyers bargain harder

  • June

    $296K

  • July

    $290K

Median sold price increase

Good for seller

  • June

    $255K

  • July

    $280K
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WHAT CAN I BUY IN south elgin ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$130K-$205K
Bedrooms
2.6
Bathrooms
1.7
Home size
1405.1Sq. Ft.
$205K-$428K
Bedrooms
3.6
Bathrooms
3.2
Home size
2345.5Sq. Ft.
$428K-$575K
Bedrooms
4.6
Bathrooms
4
Home size
3744.4Sq. Ft.
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WHAT IS FOR SALE IN south elgin TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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south elgin REAL ESTATE MEDIAN SALES PRICE BY MONTH

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south elgin SOLD LISTINGS

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south elgin ACTIVE FOR SALE LISTINGS

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south elgin TRANSACTION VOLUME IN US DOLLARS

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south elgin MONTH SUPPLY INVENTORY

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Schools in south elgin

School Name Grand Level For Sale
corron elementary school View Homes For Sale
willard elementary school KinderGarden - 6th Grade View Homes For Sale
clinton elementary school KinderGarden - 6th Grade View Homes For Sale
fox meadow elementary school KinderGarden - 6th Grade View Homes For Sale
School Name Grand Level For Sale
kenyon woods middle school 7th Grade - 8th Grade View Homes For Sale
School Name Grand Level For Sale
south elgin high school 9th Grade - 12th Grade View Homes For Sale

Subdivisions in south elgin

Subdivision
thornwood (32 for sale) View Homes For Sale
south pointe (25 for sale) View Homes For Sale
heartland meadows (6 for sale) View Homes For Sale
trails of silver glen (5 for sale) View Homes For Sale
concord woods (4 for sale) View Homes For Sale
wildmeadow (4 for sale) View Homes For Sale
kingsport villas (3 for sale) View Homes For Sale
sugar ridge (3 for sale) View Homes For Sale
prairie pointe (3 for sale) View Homes For Sale
river ridge (3 for sale) View Homes For Sale
carriage homes of sandhurst (3 for sale) View Homes For Sale
rosewood terrace (3 for sale) View Homes For Sale
river place (2 for sale) View Homes For Sale
hollywood (2 for sale) View Homes For Sale
thornwood reserve (2 for sale) View Homes For Sale
cambridge bluffs (2 for sale) View Homes For Sale
gettysburg (2 for sale) View Homes For Sale
woodridge (2 for sale) View Homes For Sale
fox hollow (2 for sale) View Homes For Sale
concord on the fox (1 for sale) View Homes For Sale
levine brothers (1 for sale) View Homes For Sale
five island park (1 for sale) View Homes For Sale
sandhurst (1 for sale) View Homes For Sale
river crossing (1 for sale) View Homes For Sale
hopps corner (1 for sale) View Homes For Sale
lexington highlands (1 for sale) View Homes For Sale
thornwood grove (1 for sale) View Homes For Sale
park place (1 for sale) View Homes For Sale
lorraine terrace (1 for sale) View Homes For Sale
river oaks (1 for sale) View Homes For Sale

New For Sale in South Elgin

Date Address Beds Baths Sq.Ft. Price
Jul 15, 2020 1007 manchester 2 1 1,110 ft2 $139K
Jul 16, 2020 995 kane 2 1 1,110 ft2 $139K
Jul 17, 2020 561 south 1 1 672 ft2 $350K
Jul 15, 2020 1287 sandhurst 2 1 1,100 ft2 $157K
Aug 01, 2020 850 spring 3 2 1,728 ft2 $225K
Jul 13, 2020 164 east 4 2 1,744 ft2 $240K
348 Windsor, South Elgin, IL 60177 Mar 17, 2020 348 windsor 2 2 1,220 ft2 $180K
345 Burnidge, South Elgin, IL 60177 Apr 10, 2020 345 burnidge 3 2 1,000 ft2 $190K
Aug 03, 2020 896 sundown 3 2 1,488 ft2 $235K