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Elgin, IL 60123 Real Estate & Property Data

Elgin, IL 60123 Real Estate Market Trends

Last Updated: April 25, 2024

A total of 529 residential properties have been sold over the past 12 months in 60123. With a median sales price of $296,500 in 60123 and a total of 2 foreclosures in Elgin, IL 60123. Discover market trends and get the granular level real estate data for Elgin, IL 60123 to keep your pulse on the housing market. Curate compelling home reports for Elgin, IL 60123 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elgin, IL 60123 Real Estate Market Trends

Get property data for any address in Elgin, IL 60123 or the country:

Total Residential Properties 12,841

Total Commercial Properties 880

Avg. Home Age (Single Family Home) 58 Years

Avg. Square Feet (Single Family Home) 1,656

Total 2024 Residential Sales (year-to-date) 57

% of Homes Seriously Underwater (Q2 2024) 0.89%

Total 2023 Residential Sales 507

% of Equity Rich Homes (Q2 2024) 44.12%

Effective 2023 Property Tax 2.01%

Total Foreclosure Filings (year-to-date) 10

Elgin, IL 60123 Real Estate Overview

There were 529 residential properties sold in the past year in Elgin, IL 60123. The median home value in Elgin, IL 60123 is $269,196. There are a total of 12,841 residential properties in the 60123.

Median Sales Price i

$296,500

(Feb 2024)

+14.5%

year-over-year

y-o-y

February '24 Feb '24 $296,500
January '24 Jan '24 $275,000
December '23 Dec '23 $277,000
November '23 Nov '23 $259,000
October '23 Oct '23 $287,500
September '23 Sep '23 $287,000
August '23 Aug '23 $273,000
July '23 Jul '23 $268,000
June '23 Jun '23 $250,000
May '23 May '23 $308,500
April '23 Apr '23 $263,000
March '23 Mar '23 $260,000

Median Down Payment i

$25,250

(Feb 2024)

+46.4%

year-over-year

y-o-y

February '24 Feb '24 $25,250
January '24 Jan '24 $30,000
December '23 Dec '23 $16,750
November '23 Nov '23 $26,500
October '23 Oct '23 $10,000
September '23 Sep '23 $31,700
August '23 Aug '23 $25,550
July '23 Jul '23 $11,484
June '23 Jun '23 $19,650
May '23 May '23 $24,900
April '23 Apr '23 $11,610
March '23 Mar '23 $13,125

Number of Homes Sold i

24

(Feb 2024)

-27.3%

year-over-year

y-o-y

February '24 Feb '24 24
January '24 Jan '24 33
December '23 Dec '23 49
November '23 Nov '23 31
October '23 Oct '23 58
September '23 Sep '23 34
August '23 Aug '23 48
July '23 Jul '23 45
June '23 Jun '23 50
May '23 May '23 50
April '23 Apr '23 33
March '23 Mar '23 41

Number of Purchase Loans i

17

(Feb 2024)

-34.6%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 27
December '23 Dec '23 45
November '23 Nov '23 25
October '23 Oct '23 53
September '23 Sep '23 33
August '23 Aug '23 44
July '23 Jul '23 38
June '23 Jun '23 40
May '23 May '23 48
April '23 Apr '23 28
March '23 Mar '23 30

Number of REFI Loans i

29

(Feb 2024)

+262.5%

year-over-year

y-o-y

February '24 Feb '24 29
January '24 Jan '24 26
December '23 Dec '23 19
November '23 Nov '23 23
October '23 Oct '23 22
September '23 Sep '23 28
August '23 Aug '23 27
July '23 Jul '23 27
June '23 Jun '23 23
May '23 May '23 26
April '23 Apr '23 9
March '23 Mar '23 23

Number of HELOC Loans i

9

(Feb 2024)

+125%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 8
December '23 Dec '23 10
November '23 Nov '23 9
October '23 Oct '23 14
September '23 Sep '23 10
August '23 Aug '23 15
July '23 Jul '23 14
June '23 Jun '23 12
May '23 May '23 9
April '23 Apr '23 7
March '23 Mar '23 4

Elgin, IL 60123 Real Estate Market Overview

Last 30 days

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Elgin, IL 60123 Foreclosure Activity

There were a total of 2 Elgin, IL 60123 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

-85.7%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 8
December '23 Dec '23 5
November '23 Nov '23 6
October '23 Oct '23 7
September '23 Sep '23 6
August '23 Aug '23 11
July '23 Jul '23 3
June '23 Jun '23 17
May '23 May '23 8
April '23 Apr '23 13
March '23 Mar '23 7

Foreclosure Starts i

2

(Feb 2024)

-80%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 5
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 4
September '23 Sep '23 3
August '23 Aug '23 10
July '23 Jul '23 1
June '23 Jun '23 10
May '23 May '23 7
April '23 Apr '23 10
March '23 Mar '23 6

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 1
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 60120
2. 60124

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