South Elgin, IL Real Estate & Property Data

South Elgin Real Estate Market Trends
Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into South Elgin, IL. ATTOM’s South Elgin real estate data is updated daily, and current market trends show that in South Elgin, IL a total of 306 residential properties have sold over the past year. With a median home price of $296,000 in South Elgin and a total of 1 foreclosures. Get detailed property data for South Elgin, IL instantly. ATTOM is your one-stop-shop for the South Elgin property reports and real estate data you need in South Elgin, IL.

South Elgin Real Estate Market Trends
Total Residential Properties 7,680
Total Commercial Properties 320
Avg. Home Age (Single Family Home) 37 Years
Avg. Square Feet (Single Family Home) 1,934
Total 2024 Residential Sales (year-to-date) 29
% of Homes Seriously Underwater (Q2 2024) 0.87%
Total 2023 Residential Sales 295
% of Equity Rich Homes (Q2 2024) 44.22%
Effective 2023 Property Tax 2.08%
Total Foreclosure Filings (year-to-date) 6
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South Elgin, IL Real Estate Overview

There were 306 residential properties sold in the past year in South Elgin, IL. The median home value in South Elgin, IL is $314,576. There are a total of 7,680 residential properties in the South Elgin.

Median Sales Price i
$296,000
(Feb 2024)
+2.1%
year-over-year
y-o-y
  • February '24 Feb '24 $296,000
  • January '24 Jan '24 $324,500
  • December '23 Dec '23 $305,000
  • November '23 Nov '23 $380,000
  • October '23 Oct '23 $335,000
  • September '23 Sep '23 $320,000
  • August '23 Aug '23 $365,250
  • July '23 Jul '23 $420,000
  • June '23 Jun '23 $307,000
  • May '23 May '23 $335,000
  • April '23 Apr '23 $274,750
  • March '23 Mar '23 $354,250
Median Down Payment i
$26,750
(Feb 2024)
+83.3%
year-over-year
y-o-y
  • February '24 Feb '24 $26,750
  • January '24 Jan '24 $30,250
  • December '23 Dec '23 $31,510
  • November '23 Nov '23 $10,250
  • October '23 Oct '23 $17,812
  • September '23 Sep '23 $46,800
  • August '23 Aug '23 $39,600
  • July '23 Jul '23 $105,600
  • June '23 Jun '23 $33,750
  • May '23 May '23 $24,525
  • April '23 Apr '23 $25,000
  • March '23 Mar '23 $30,000
Number of Homes Sold i
18
(Feb 2024)
+80%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 11
  • December '23 Dec '23 18
  • November '23 Nov '23 14
  • October '23 Oct '23 36
  • September '23 Sep '23 26
  • August '23 Aug '23 29
  • July '23 Jul '23 36
  • June '23 Jun '23 30
  • May '23 May '23 25
  • April '23 Apr '23 26
  • March '23 Mar '23 27
Number of Purchase Loans i
17
(Feb 2024)
+88.9%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 9
  • December '23 Dec '23 19
  • November '23 Nov '23 9
  • October '23 Oct '23 32
  • September '23 Sep '23 22
  • August '23 Aug '23 27
  • July '23 Jul '23 32
  • June '23 Jun '23 25
  • May '23 May '23 24
  • April '23 Apr '23 22
  • March '23 Mar '23 22
Number of REFI Loans i
16
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 10
  • December '23 Dec '23 13
  • November '23 Nov '23 9
  • October '23 Oct '23 14
  • September '23 Sep '23 13
  • August '23 Aug '23 23
  • July '23 Jul '23 14
  • June '23 Jun '23 18
  • May '23 May '23 15
  • April '23 Apr '23 7
  • March '23 Mar '23 6
Number of HELOC Loans i
10
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 3
  • December '23 Dec '23 7
  • November '23 Nov '23 11
  • October '23 Oct '23 15
  • September '23 Sep '23 13
  • August '23 Aug '23 13
  • July '23 Jul '23 10
  • June '23 Jun '23 8
  • May '23 May '23 7
  • April '23 Apr '23 9
  • March '23 Mar '23 9

South Elgin, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

South Elgin, IL Foreclosure Activity

There were a total of 1 South Elgin, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 5
  • December '23 Dec '23 3
  • November '23 Nov '23 4
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 6
  • July '23 Jul '23 3
  • June '23 Jun '23 6
  • May '23 May '23 3
  • April '23 Apr '23 4
  • March '23 Mar '23 4
Foreclosure Starts i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 5
  • December '23 Dec '23 3
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 N/A
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 3
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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