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Elgin, IL 60123 Real Estate & Property Data

Elgin, IL 60123 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 557 residential properties have been sold over the past 12 months in 60123. With a median sales price of $359,000 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.

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Total Residential Properties 12,841

Total Commercial Properties 849

Avg. Home Age (Single Family Home) 59 Years

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

Total 2025 Residential Sales (year-to-date) 257

% of Homes Seriously Underwater (Q3 2025) 0.6%

Total 2024 Residential Sales 494

% of Equity Rich Homes (Q3 2025) 50.49%

Effective 2024 Property Tax 1.85%

Total Foreclosure Filings (year-to-date) 36

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Elgin, IL 60123 Real Estate Overview

There were 557 residential properties sold in the past year in Elgin, IL 60123. The median home value in Elgin, IL 60123 is $322,121. There are a total of 12,841 residential properties in the 60123.

Median Sales Price i

$359,000

(Jun 2025)

+14%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $359,000
May '25 May '25 $335,250
April '25 Apr '25 $345,000
March '25 Mar '25 $294,250
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 $274,000

Median Down Payment i

$30,000

(Jun 2025)

-3.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 $30,000
May '25 May '25 $14,755
April '25 Apr '25 $39,500
March '25 Mar '25 $45,550
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 $19,000

Number of Homes Sold i

(Jun 2025)

+4.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 48
May '25 May '25 66
April '25 Apr '25 46
March '25 Mar '25 31
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

Number of Purchase Loans i

(Jun 2025)

+10.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 43
May '25 May '25 49
April '25 Apr '25 39
March '25 Mar '25 26
February '25 Feb '25 24
January '25 Jan '25 26
December '24 Dec '24 38
November '24 Nov '24 29
October '24 Oct '24 32
September '24 Sep '24 24
August '24 Aug '24 38
July '24 Jul '24 45

Number of REFI Loans i

(Jun 2025)

+41.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 34
May '25 May '25 28
April '25 Apr '25 19
March '25 Mar '25 40
February '25 Feb '25 26
January '25 Jan '25 27
December '24 Dec '24 27
November '24 Nov '24 26
October '24 Oct '24 42
September '24 Sep '24 27
August '24 Aug '24 14
July '24 Jul '24 27

Number of HELOC Loans i

(Jun 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

June '25 Jun '25 16
May '25 May '25 11
April '25 Apr '25 11
March '25 Mar '25 9
February '25 Feb '25 12
January '25 Jan '25 7
December '24 Dec '24 15
November '24 Nov '24 13
October '24 Oct '24 22
September '24 Sep '24 15
August '24 Aug '24 13
July '24 Jul '24 17

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 June 2025. Lenders started the foreclosure process on 1 Elgin, IL 60123 properties and repossessed 1 Elgin, IL 60123 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i

(Jun 2025)

-33.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years