Altos Market Data for Realtors
Elgin, IL 60120
Single-Family Homes
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Elgin, IL 60120
Wed Mar 04 2026
This week the median list price for Elgin, IL 60120 is $310,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has increased to 17.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $310,000 | |
| Median Price of New Listings | $287,450 | |
| Per Square Foot | $245 | |
| Average Days on Market | 69 | |
| Median Days on Market | 42 | |
| Price Decreased | 18% | |
| Price Increased | 6% | |
| Relisted | 24% | |
| Inventory | 17 | |
| Median Rent | ||
| Market Action | 59 | |
| Strong Seller's Market | ||
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Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $550,000 | 2,200 | - | 4 | 2 | 92 | 1 | 0 | 14 |
| $320,000 | 1,525 | - | 3 | 2 | 119 | 0 | 1 | 94 |
| $282,450 | 1,070 | - | 2 | 1 | 93 | 1 | 1 | 35 |
| $223,500 | 962 | 0 - 4,500 sqft | 2 | 1 | 98 | 2 | 0 | 59 |