Kane County Homes Nick Kein The Kombrink Team One Source Realty
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Kane County Homes Nick Kein The Kombrink Team One Source Realty
  • Home
  • Buy A Home
  • Sell A Home
  • Neighborhoods
  • Financing
  • Marketing

The Kombrink Team Difference

City of Elgin Website

Get to Know Elgin, IL

 Situated along the scenic Fox River, Elgin, Illinois, is a dynamic destination celebrated for its historic charm, cultural vibrancy, and many attractions. Explore the bustling downtown, where historic architecture frames a variety of unique shops, eateries, and entertainment venues, including the renowned Elgin Symphony Orchestra and Hemmens Cultural Center. Outdoor lovers can enjoy Elgin’s expansive parks and trails, such as the scenic Fox River Trail, Lords Park with its historic zoo and museum, and the serene Tyler Creek Forest Preserve, offering a perfect blend of nature and history.

Elgin Upcoming Events

Elgin Market Stats

Key Market Indicators - August/September 2025

 

  • Median Sale Price: $339,500 (up 10.6% year-over-year)
  • Number of Homes Sold: 100 (up 14.9% year-over-year)
  • Median Days on Market: 51 days (up 1 day year-over-year)
  • Sale-to-List Price Ratio: 99.91% (homes sold for approximately asking price on average)
  • Buyer Competitiveness: 47.6% of sales were over list price (August 2025)
  • Inventory: 228 homes for sale (as of September 30, 2025) 

Market Trends

 

  • Seller's Market: The data points to a strong seller's market, indicated by increasing sale prices, more homes being sold, and a low number of homes available for sale relative to buyer demand.
  • Fast-Paced: The median days on market has remained relatively low, suggesting that homes are selling quickly.
  • Increased Activity: There was an increase in the number of homes sold compared to the previous year, signaling active market conditions.
  • High Demand: The market is highly competitive, with properties often receiving multiple offers. 


Data Via Gemini

Elgin Market Report - October 2025

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