Elgin, IL 60123 Real Estate & Property Data

Elgin, IL 60123 Real Estate Market Trends
Last Updated: February 07, 2023

A total of 809 residential properties have been sold over the past 12 months in 60123. With a median sales price of $265,000 in 60123 and a total of 6 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
Total Residential Properties 12,855
Total Commercial Properties 888
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 1,650
Total 2023 Residential Sales (year-to-date) N/A
% of Homes Seriously Underwater (Q1 2023) 0.8%
Total 2022 Residential Sales 718
% of Equity Rich Homes (Q1 2023) 42%
Effective 2022 Property Tax 1.95%
Total Foreclosure Filings (year-to-date) N/A
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Elgin, IL 60123 Real Estate Overview

There were 809 residential properties sold in the past year in Elgin, IL 60123. The median home value in Elgin, IL 60123 is $260,936. There are a total of 12,855 residential properties in the Elgin, IL 60123.

Median Sales Price i
$265,000
(Nov 2022)
+6%
year-over-year
y-o-y
  • November '22 Nov '22 $265,000
  • October '22 Oct '22 $220,000
  • September '22 Sep '22 $235,000
  • August '22 Aug '22 $235,000
  • July '22 Jul '22 $295,000
  • June '22 Jun '22 $242,500
  • May '22 May '22 $257,500
  • April '22 Apr '22 $275,500
  • March '22 Mar '22 $241,000
  • February '22 Feb '22 $225,000
  • January '22 Jan '22 $239,000
  • December '21 Dec '21 $247,250
Median Down Payment i
$32,650
(Nov 2022)
+106.6%
year-over-year
y-o-y
  • November '22 Nov '22 $32,650
  • October '22 Oct '22 $10,400
  • September '22 Sep '22 $10,947
  • August '22 Aug '22 $15,250
  • July '22 Jul '22 $16,050
  • June '22 Jun '22 $14,000
  • May '22 May '22 $12,650
  • April '22 Apr '22 $27,000
  • March '22 Mar '22 $10,250
  • February '22 Feb '22 $13,625
  • January '22 Jan '22 $13,297
  • December '21 Dec '21 $11,875
Number of Homes Sold i
45
(Nov 2022)
-35.7%
year-over-year
y-o-y
  • November '22 Nov '22 45
  • October '22 Oct '22 54
  • September '22 Sep '22 53
  • August '22 Aug '22 93
  • July '22 Jul '22 57
  • June '22 Jun '22 60
  • May '22 May '22 69
  • April '22 Apr '22 46
  • March '22 Mar '22 79
  • February '22 Feb '22 64
  • January '22 Jan '22 56
  • December '21 Dec '21 63
Number of Purchase Loans i
38
(Nov 2022)
-47.2%
year-over-year
y-o-y
  • November '22 Nov '22 38
  • October '22 Oct '22 54
  • September '22 Sep '22 40
  • August '22 Aug '22 87
  • July '22 Jul '22 57
  • June '22 Jun '22 57
  • May '22 May '22 49
  • April '22 Apr '22 50
  • March '22 Mar '22 75
  • February '22 Feb '22 60
  • January '22 Jan '22 59
  • December '21 Dec '21 66
Number of REFI Loans i
16
(Nov 2022)
-83%
year-over-year
y-o-y
  • November '22 Nov '22 16
  • October '22 Oct '22 22
  • September '22 Sep '22 26
  • August '22 Aug '22 25
  • July '22 Jul '22 18
  • June '22 Jun '22 23
  • May '22 May '22 33
  • April '22 Apr '22 54
  • March '22 Mar '22 73
  • February '22 Feb '22 67
  • January '22 Jan '22 76
  • December '21 Dec '21 84
Number of HELOC Loans i
11
(Nov 2022)
+10%
year-over-year
y-o-y
  • November '22 Nov '22 11
  • October '22 Oct '22 3
  • September '22 Sep '22 15
  • August '22 Aug '22 19
  • July '22 Jul '22 11
  • June '22 Jun '22 11
  • May '22 May '22 12
  • April '22 Apr '22 12
  • March '22 Mar '22 15
  • February '22 Feb '22 4
  • January '22 Jan '22 6
  • December '21 Dec '21 9

Elgin, IL 60123 Foreclosure Activity

There were a total of 6 Elgin, IL 60123 properties with a foreclosure filing in November 2022. Lenders started the foreclosure process on 6 Elgin, IL 60123 properties and repossessed 5 Elgin, IL 60123 properties through completed foreclosures (REOs) in November 2022.

Total Foreclosure Filings i
6
(Nov 2022)
+100%
year-over-year
y-o-y
  • November '22 Nov '22 6
  • October '22 Oct '22 12
  • September '22 Sep '22 10
  • August '22 Aug '22 7
  • July '22 Jul '22 6
  • June '22 Jun '22 13
  • May '22 May '22 12
  • April '22 Apr '22 6
  • March '22 Mar '22 4
  • February '22 Feb '22 6
  • January '22 Jan '22 2
  • December '21 Dec '21 4
Foreclosure Starts i
6
(Nov 2022)
  • November '22 Nov '22 6
  • October '22 Oct '22 8
  • September '22 Sep '22 6
  • August '22 Aug '22 6
  • July '22 Jul '22 6
  • June '22 Jun '22 11
  • May '22 May '22 12
  • April '22 Apr '22 6
  • March '22 Mar '22 1
  • February '22 Feb '22 5
  • January '22 Jan '22 1
  • December '21 Dec '21 1
Completed Foreclosures (REOs) i
5
(Nov 2022)
  • November '22 Nov '22 5
  • October '22 Oct '22 N/A
  • September '22 Sep '22 N/A
  • August '22 Aug '22 N/A
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 N/A
  • April '22 Apr '22 1
  • March '22 Mar '22 3
  • February '22 Feb '22 N/A
  • January '22 Jan '22 1
  • December '21 Dec '21 N/A
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