Verified monthly housing data for Elgin, IL metro area. The national median sale price for the same period was $393,895; neither median describes a specific home.
- Median sale price: $390,603 (+7.0% year over year)
- Closed sales: 830 (+9.1% year over year)
- Inventory: 2,021 (-4.3% year over year)
- Median days on market: 53 (-4 days year over year)
For buyers: Inventory is down 4.3% and homes are taking 4 fewer days to sell. Prepare financing and compare recent sales before making an offer.
For sellers: Fewer available homes and shorter marketing times suggest tighter conditions. Use nearby comparable sales to price your specific property.
Six-month trend
| Month | Price | Sales | Days |
|---|---|---|---|
| 2026-04 | $385,000 | 821 | 53 |
| 2026-05 | $395,000 | 833 | 56 |
| 2026-06 | $400,000 | 857 | 56 |
| 2026-07 | $399,800 | 838 | 56 |
| 2026-08 | $393,500 | 801 | 57 |
| 2026-09 | $390,603 | 830 | 53 |
Reporting period: 2026-09-01 through 2026-09-30. Source revised: 2026-10-07. Retrieved: 2026-10-26. Source geography: Elgin, IL metro area (ID 20994).
Source: Redfin Data Center monthly download. Source methodology.
How to read these figures
Redfin monthly All Residential, all construction; seasonally adjusted where available, except median sale price (not seasonally adjusted). Redfin Metro boundaries can be metro divisions or smaller statistical areas; these are not city limits. Census region follows the first state in the source label for cross-state areas. Monthly data can be revised; weekly publication does not imply weekly measurements.
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