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Elgin, IL 60120 Real Estate & Property Data

Elgin, IL 60120 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 504 residential properties have been sold over the past 12 months in 60120. With a median sales price of $305,000 in 60120 and a total of 4 foreclosures in Elgin, IL 60120. Discover market trends and get the granular level real estate data for Elgin, IL 60120 to keep your pulse on the housing market. Curate compelling home reports for Elgin, IL 60120 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elgin, IL 60120 Real Estate Market Trends

Get property data for any address in Elgin, IL 60120 or the country:

Total Residential Properties 12,922

Total Commercial Properties 747

Avg. Home Age (Single Family Home) 64 Years

Avg. Square Feet (Single Family Home) 1,605

Total 2025 Residential Sales (year-to-date) 78

% of Homes Seriously Underwater (Q2 2025) 0.81%

Total 2024 Residential Sales 462

% of Equity Rich Homes (Q2 2025) 47.91%

Effective 2024 Property Tax 1.89%

Total Foreclosure Filings (year-to-date) 14

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Elgin, IL 60120 Real Estate Overview

There were 504 residential properties sold in the past year in Elgin, IL 60120. The median home value in Elgin, IL 60120 is $275,661. There are a total of 12,922 residential properties in the 60120.

Median Sales Price i

$305,000

(Feb 2025)

+7.6%

year-over-year

y-o-y

February '25 Feb '25 $305,000
January '25 Jan '25 $295,000
December '24 Dec '24 $332,500
November '24 Nov '24 $303,250
October '24 Oct '24 $310,000
September '24 Sep '24 $293,250
August '24 Aug '24 $300,000
July '24 Jul '24 $305,500
June '24 Jun '24 $314,000
May '24 May '24 $291,500
April '24 Apr '24 $272,813
March '24 Mar '24 $325,000

Median Down Payment i

$47,500

(Feb 2025)

+81%

year-over-year

y-o-y

February '25 Feb '25 $47,500
January '25 Jan '25 $20,226
December '24 Dec '24 $28,000
November '24 Nov '24 $25,500
October '24 Oct '24 $38,045
September '24 Sep '24 $15,500
August '24 Aug '24 $17,750
July '24 Jul '24 $16,250
June '24 Jun '24 $47,000
May '24 May '24 $25,850
April '24 Apr '24 $23,875
March '24 Mar '24 $16,100

Number of Homes Sold i

41

(Feb 2025)

+32.3%

year-over-year

y-o-y

February '25 Feb '25 41
January '25 Jan '25 37
December '24 Dec '24 31
November '24 Nov '24 38
October '24 Oct '24 44
September '24 Sep '24 41
August '24 Aug '24 43
July '24 Jul '24 44
June '24 Jun '24 40
May '24 May '24 47
April '24 Apr '24 44
March '24 Mar '24 23

Number of Purchase Loans i

33

(Feb 2025)

+37.5%

year-over-year

y-o-y

February '25 Feb '25 33
January '25 Jan '25 31
December '24 Dec '24 28
November '24 Nov '24 31
October '24 Oct '24 39
September '24 Sep '24 40
August '24 Aug '24 40
July '24 Jul '24 37
June '24 Jun '24 35
May '24 May '24 40
April '24 Apr '24 35
March '24 Mar '24 21

Number of REFI Loans i

15

(Feb 2025)

-28.6%

year-over-year

y-o-y

February '25 Feb '25 15
January '25 Jan '25 21
December '24 Dec '24 21
November '24 Nov '24 24
October '24 Oct '24 32
September '24 Sep '24 25
August '24 Aug '24 26
July '24 Jul '24 27
June '24 Jun '24 16
May '24 May '24 18
April '24 Apr '24 33
March '24 Mar '24 17

Number of HELOC Loans i

12

(Feb 2025)

+20%

year-over-year

y-o-y

February '25 Feb '25 12
January '25 Jan '25 11
December '24 Dec '24 19
November '24 Nov '24 8
October '24 Oct '24 12
September '24 Sep '24 11
August '24 Aug '24 12
July '24 Jul '24 13
June '24 Jun '24 11
May '24 May '24 14
April '24 Apr '24 8
March '24 Mar '24 7

Elgin, IL 60120 Real Estate Market Overview

Last 30 days

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Elgin, IL 60120 Foreclosure Activity

There were a total of 4 Elgin, IL 60120 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

4

(Feb 2025)

-42.9%

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 10
December '24 Dec '24 6
November '24 Nov '24 6
October '24 Oct '24 8
September '24 Sep '24 6
August '24 Aug '24 3
July '24 Jul '24 6
June '24 Jun '24 6
May '24 May '24 3
April '24 Apr '24 12
March '24 Mar '24 6

Foreclosure Starts i

3

(Feb 2025)

-40%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 8
December '24 Dec '24 4
November '24 Nov '24 5
October '24 Oct '24 7
September '24 Sep '24 4
August '24 Aug '24 2
July '24 Jul '24 6
June '24 Jun '24 5
May '24 May '24 2
April '24 Apr '24 10
March '24 Mar '24 5

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 60123
2. 60124

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