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Elgin, IL 60124 Real Estate & Property Data

Elgin, IL 60124 Real Estate Market Trends

Last Updated: September 06, 2025

A total of 507 residential properties have been sold over the past 12 months in 60124. With a median sales price of $487,500 in 60124 and a total of 3 foreclosures in Elgin, IL 60124. Discover market trends and get the granular level real estate data for Elgin, IL 60124 to keep your pulse on the housing market. Curate compelling home reports for Elgin, IL 60124 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Elgin, IL 60124 Real Estate Market Trends

Get property data for any address in Elgin, IL 60124 or the country:

Total Residential Properties 9,925

Total Commercial Properties 212

Avg. Home Age (Single Family Home) 29 Years

Avg. Square Feet (Single Family Home) 2,470

Total 2025 Residential Sales (year-to-date) 190

% of Homes Seriously Underwater (Q3 2025) 0.47%

Total 2024 Residential Sales 504

% of Equity Rich Homes (Q3 2025) 44.72%

Effective 2024 Property Tax 2.03%

Total Foreclosure Filings (year-to-date) 16

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Elgin, IL 60124 Real Estate Overview

There were 507 residential properties sold in the past year in Elgin, IL 60124. The median home value in Elgin, IL 60124 is $501,968. There are a total of 9,925 residential properties in the 60124.

Median Sales Price i

$487,500

(Jun 2025)

-2.3%

year-over-year

y-o-y

June '25 Jun '25 $487,500
May '25 May '25 $533,500
April '25 Apr '25 $435,000
March '25 Mar '25 $402,000
February '25 Feb '25 $445,000
January '25 Jan '25 $440,000
December '24 Dec '24 $520,000
November '24 Nov '24 $462,000
October '24 Oct '24 $490,000
September '24 Sep '24 $512,500
August '24 Aug '24 $515,500
July '24 Jul '24 $517,000

Median Down Payment i

$50,000

(Jun 2025)

-47.9%

year-over-year

y-o-y

June '25 Jun '25 $50,000
May '25 May '25 $73,050
April '25 Apr '25 $85,500
March '25 Mar '25 $100,000
February '25 Feb '25 $46,100
January '25 Jan '25 $23,650
December '24 Dec '24 $101,000
November '24 Nov '24 $77,000
October '24 Oct '24 $75,500
September '24 Sep '24 $82,147
August '24 Aug '24 $104,099
July '24 Jul '24 $108,209

Number of Homes Sold i

36

(Jun 2025)

-40%

year-over-year

y-o-y

June '25 Jun '25 36
May '25 May '25 45
April '25 Apr '25 44
March '25 Mar '25 20
February '25 Feb '25 21
January '25 Jan '25 24
December '24 Dec '24 27
November '24 Nov '24 27
October '24 Oct '24 36
September '24 Sep '24 49
August '24 Aug '24 65
July '24 Jul '24 53

Number of Purchase Loans i

34

(Jun 2025)

-30.6%

year-over-year

y-o-y

June '25 Jun '25 34
May '25 May '25 33
April '25 Apr '25 30
March '25 Mar '25 19
February '25 Feb '25 13
January '25 Jan '25 10
December '24 Dec '24 25
November '24 Nov '24 23
October '24 Oct '24 29
September '24 Sep '24 38
August '24 Aug '24 55
July '24 Jul '24 50

Number of REFI Loans i

24

(Jun 2025)

+140%

year-over-year

y-o-y

June '25 Jun '25 24
May '25 May '25 19
April '25 Apr '25 23
March '25 Mar '25 19
February '25 Feb '25 17
January '25 Jan '25 14
December '24 Dec '24 23
November '24 Nov '24 29
October '24 Oct '24 35
September '24 Sep '24 25
August '24 Aug '24 13
July '24 Jul '24 13

Number of HELOC Loans i

16

(Jun 2025)

+14.3%

year-over-year

y-o-y

June '25 Jun '25 16
May '25 May '25 13
April '25 Apr '25 18
March '25 Mar '25 9
February '25 Feb '25 16
January '25 Jan '25 10
December '24 Dec '24 12
November '24 Nov '24 13
October '24 Oct '24 20
September '24 Sep '24 14
August '24 Aug '24 25
July '24 Jul '24 20

Elgin, IL 60124 Real Estate Market Overview

Last 30 days

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Elgin, IL 60124 Foreclosure Activity

There were a total of 3 Elgin, IL 60124 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 1
April '25 Apr '25 3
March '25 Mar '25 3
February '25 Feb '25 4
January '25 Jan '25 2
December '24 Dec '24 4
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 3
August '24 Aug '24 3
July '24 Jul '24 3

Foreclosure Starts i

3

(Jun 2025)

+200%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 1
April '25 Apr '25 3
March '25 Mar '25 2
February '25 Feb '25 4
January '25 Jan '25 2
December '24 Dec '24 3
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 3
August '24 Aug '24 3
July '24 Jul '24 3

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
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 N/A

Nearby Zip Codes

1. 60120
2. 60123

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