Elgin, IL 60123 Real Estate & Property Data

Elgin, IL 60123 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 524 residential properties have been sold over the past 12 months in 60123. With a median sales price of $310,000 in 60123 and a total of 7 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 12,849
Total Commercial Properties 863
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,656
Total 2025 Residential Sales (year-to-date) 66
% of Homes Seriously Underwater (Q2 2025) 0.89%
Total 2024 Residential Sales 491
% of Equity Rich Homes (Q2 2025) 45.3%
Effective 2024 Property Tax 2.01%
Total Foreclosure Filings (year-to-date) 14
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Elgin, IL 60123 Real Estate Overview

There were 524 residential properties sold in the past year in Elgin, IL 60123. The median home value in Elgin, IL 60123 is $283,394. There are a total of 12,849 residential properties in the 60123.

Median Sales Price i
$310,000
(Feb 2025)
+4.6%
year-over-year
y-o-y
  • February '25 Feb '25 $310,000
  • January '25 Jan '25 $310,000
  • December '24 Dec '24 $299,750
  • November '24 Nov '24 $307,500
  • October '24 Oct '24 $304,000
  • September '24 Sep '24 $297,000
  • August '24 Aug '24 $285,000
  • July '24 Jul '24 $272,000
  • June '24 Jun '24 $315,000
  • May '24 May '24 $350,000
  • April '24 Apr '24 $285,000
  • March '24 Mar '24 $265,000
Median Down Payment i
$14,845
(Feb 2025)
-41.2%
year-over-year
y-o-y
  • February '25 Feb '25 $14,845
  • January '25 Jan '25 $58,050
  • December '24 Dec '24 $43,000
  • November '24 Nov '24 $16,000
  • October '24 Oct '24 $32,406
  • September '24 Sep '24 $17,250
  • August '24 Aug '24 $14,675
  • July '24 Jul '24 $17,962
  • June '24 Jun '24 $31,050
  • May '24 May '24 $12,750
  • April '24 Apr '24 $18,436
  • March '24 Mar '24 $12,933
Number of Homes Sold i
29
(Feb 2025)
+20.8%
year-over-year
y-o-y
  • February '25 Feb '25 29
  • January '25 Jan '25 37
  • December '24 Dec '24 46
  • November '24 Nov '24 30
  • October '24 Oct '24 43
  • September '24 Sep '24 36
  • August '24 Aug '24 46
  • July '24 Jul '24 53
  • June '24 Jun '24 45
  • May '24 May '24 39
  • April '24 Apr '24 53
  • March '24 Mar '24 43
Number of Purchase Loans i
24
(Feb 2025)
+33.3%
year-over-year
y-o-y
  • February '25 Feb '25 24
  • January '25 Jan '25 27
  • December '24 Dec '24 38
  • November '24 Nov '24 29
  • October '24 Oct '24 32
  • September '24 Sep '24 25
  • August '24 Aug '24 39
  • July '24 Jul '24 46
  • June '24 Jun '24 39
  • May '24 May '24 29
  • April '24 Apr '24 46
  • March '24 Mar '24 32
Number of REFI Loans i
26
(Feb 2025)
-10.3%
year-over-year
y-o-y
  • February '25 Feb '25 26
  • January '25 Jan '25 26
  • December '24 Dec '24 27
  • November '24 Nov '24 26
  • October '24 Oct '24 41
  • September '24 Sep '24 27
  • August '24 Aug '24 14
  • July '24 Jul '24 27
  • June '24 Jun '24 24
  • May '24 May '24 33
  • April '24 Apr '24 21
  • March '24 Mar '24 29
Number of HELOC Loans i
12
(Feb 2025)
+33.3%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 7
  • December '24 Dec '24 15
  • November '24 Nov '24 13
  • October '24 Oct '24 23
  • September '24 Sep '24 15
  • August '24 Aug '24 13
  • July '24 Jul '24 17
  • June '24 Jun '24 16
  • May '24 May '24 19
  • April '24 Apr '24 17
  • March '24 Mar '24 10

Elgin, IL 60123 Foreclosure Activity

There were a total of 7 Elgin, IL 60123 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
7
(Feb 2025)
+250%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 7
  • December '24 Dec '24 6
  • November '24 Nov '24 4
  • October '24 Oct '24 11
  • September '24 Sep '24 6
  • August '24 Aug '24 8
  • July '24 Jul '24 6
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 7
  • March '24 Mar '24 5
Foreclosure Starts i
6
(Feb 2025)
+200%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 4
  • December '24 Dec '24 3
  • November '24 Nov '24 3
  • October '24 Oct '24 10
  • September '24 Sep '24 5
  • August '24 Aug '24 4
  • July '24 Jul '24 5
  • June '24 Jun '24 3
  • May '24 May '24 3
  • April '24 Apr '24 6
  • March '24 Mar '24 4
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 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 N/A
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