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market report · 60123
Elgin, IL · 60123
30 active listings$339,750 median ask$2,647 est. rent0.8% price/rent
$339,750
Median list price
$2,647/mo
Estimated rent
0.8%
Price / rent ratio
30
Listings
FHFA home price index · 2016–2025
85.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.46
Median rent / sqft
26 comps
$200.53
Median sold / sqft
26 comps
—
Walkability
4.2%
Area unemployment
BLS LAUS
Median household income $87,693 · median home value $261,000 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 88).
21 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
224 Big Peninsula Rd, Elgin, IL 60123
Elgin, IL
$20,000$1,844/mo9.2%
462 Locust St, Elgin, IL 60123
Elgin, IL
$309,900$4,052/mo1.3%
1116 Lake Terrace Rd, Elgin, IL 60123
Elgin, IL
$164,900$2,054/mo1.2%
1158 Lake Terrace Rd, Elgin, IL 60123
Elgin, IL
$164,900$2,039/mo1.2%
705 W Highland Ave, Elgin, IL 60123
Elgin, IL
$499,900$5,538/mo1.1%
1144 Florimond Dr, Elgin, IL 60123
Elgin, IL
$315,000$3,156/mo1%