Market Intelligence · IL / Kane County

Elgin, IL housing market

3 ZIP markets liveData updated August 2026Typical value$314K1-yr changeUp4.6%

The median home value in Elgin, IL is $314K as of August 2026, up 4.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Elgin, by the numbers.

Typical home valueZillow ZHVI, August 2026
$314K
1-yr changeMedian across Elgin ZIPs
+4.6%
ZIP markets live4 tracked in Elgin
3
County
Kane County

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12-month value trend

+4.6% over 12 months

Typical home value in Elgin over the last 12 months: $300K in Aug 2025 to $314K in Aug 2026 (+4.6%).

Aug 2025$300K

Aug 2026$314K

Median Zillow home value index across Elgin's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Elgin home at $313,840, a 12-month move of +4.6%. On the listing side, Realtor.com counts 138 homes on the market, 120 newly listed, and a median asking price of $330,000 in August 2026. A typical listing takes 29 days to sell, and 11.9% of active homes have seen a price reduction. Read together, these figures point to a market on the way up, with real appreciation over the year.

The numbers

What is the housing market like in Elgin, IL?

Typical home value

$314K

Up4.6%YoY

Median list price

$330K

Days on market

29

Homes for sale

138

Price cuts

11.9%

New listings

120

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Elgin's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Elgin?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Elgin ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

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Top real estate agents in Elgin, IL

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Nearby markets

More Illinois housing markets.

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