Elgin, IL Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Elgin, IL.

Average buy price
$211.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.93 / sqft / month

Monthly rent per square foot.

Median home price
$349,791

Estimated median residential sale price.

Median monthly rent
$1,875

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 25.5% over the last 5 years.

Rent price development

Rent prices have increased by about 26.3% over the last 5 years.

Submitted values in Elgin

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-05 Buy condo $225.00 / sqft 760 sqft $171,000 Northeast Elgin-Cook 60120
2026-07-04 Buy single-family home $216.00 / sqft 1,935 sqft $417,960 Eagle Heights 60123
2026-07-04 Buy single-family home $197.00 / sqft 1,540 sqft $303,380 Lords Park 60120
2026-07-01 Buy duplex $198.00 / sqft 2,105 sqft $416,790 Grant Park 60120
2026-06-30 Buy townhouse $227.00 / sqft 1,460 sqft $331,420 Randall Ridge 60124
2026-06-30 Rent duplex $1.54 / sqft 1,280 sqft $1,971 Gifford Park 60120
2026-06-29 Rent apartment $2.58 / sqft 545 sqft $1,406 Northeast Elgin-Cook 60120
2026-06-29 Buy condo $213.00 / sqft 870 sqft $185,310 Wing Park 60123
2026-06-27 Rent apartment $1.98 / sqft 1,015 sqft $2,010 Century Oaks 60123
2026-06-26 Rent townhouse $1.69 / sqft 1,745 sqft $2,949 North Country Knolls 60123
2026-06-25 Buy multi-family home $181.00 / sqft 3,650 sqft $660,650 Downtown Elgin 60120
2026-06-25 Rent townhouse $1.74 / sqft 1,625 sqft $2,828 Bowes Creek 60124
2026-06-24 Rent single-family home $1.31 / sqft 2,140 sqft $2,803 Eagle Heights 60123
2026-06-23 Rent loft $2.13 / sqft 915 sqft $1,949 Downtown Elgin 60120
2026-06-23 Rent apartment $2.21 / sqft 705 sqft $1,558 Wing Park 60123
2026-06-16 Rent loft $2.44 / sqft 680 sqft $1,659 Gifford Park 60120
2026-06-14 Rent apartment $2.35 / sqft 760 sqft $1,786 Lords Park 60120
2026-06-14 Rent condo $2.01 / sqft 995 sqft $2,000 College Green 60123
2026-06-08 Rent condo $1.87 / sqft 1,185 sqft $2,216 Century Oaks 60123
2026-06-05 Rent single-family home $1.45 / sqft 2,260 sqft $3,277 Highland Woods 60124
2026-06-04 Buy duplex $189.00 / sqft 1,980 sqft $374,220 Gifford Park 60120
2026-05-31 Rent townhouse $1.63 / sqft 1,510 sqft $2,461 College Park 60123
2026-05-25 Rent single-family home $1.42 / sqft 1,975 sqft $2,805 Randall Ridge 60124
2026-05-22 Buy single-family home $219.00 / sqft 2,595 sqft $568,305 Highland Woods 60124
2026-05-18 Buy single-family home $188.00 / sqft 2,010 sqft $377,880 Near West Elgin 60123
2026-05-17 Rent luxury apartment $2.17 / sqft 1,195 sqft $2,593 Edgewater 60124
2026-05-17 Buy multi-family home $171.00 / sqft 3,120 sqft $533,520 Lords Park 60120
2026-05-12 Rent single-family home $1.39 / sqft 2,400 sqft $3,336 Bowes Creek 60124
2026-05-10 Buy single-family home $241.00 / sqft 2,890 sqft $696,490 Bowes Creek 60124
2026-05-08 Buy single-family home $206.00 / sqft 1,748 sqft $360,088 College Park 60123
2026-05-08 Rent townhouse $1.58 / sqft 1,840 sqft $2,907 Edgewater 60124
2026-05-08 Rent luxury apartment $2.66 / sqft 735 sqft $1,955 Downtown Elgin 60120
2026-05-03 Rent apartment $1.93 / sqft 930 sqft $1,795 Southwest Elgin 60123
2026-05-02 Buy single-family home $223.00 / sqft 2,215 sqft $493,945 North Country Knolls 60123
2026-05-02 Buy single-family home $235.00 / sqft 2,680 sqft $629,800 Edgewater 60124
2026-05-02 Buy townhouse $203.00 / sqft 1,725 sqft $350,175 Southwest Elgin 60123
2026-05-01 Buy single-family home $229.00 / sqft 2,475 sqft $566,775 Randall Ridge 60124
2026-05-01 Buy single-family home $205.00 / sqft 1,765 sqft $361,825 Valley Creek 60120
2026-04-27 Rent duplex $1.62 / sqft 1,395 sqft $2,260 Near West Elgin 60123
2026-04-26 Rent luxury apartment $2.29 / sqft 1,085 sqft $2,485 Highland Woods 60124
2026-04-25 Rent condo $2.08 / sqft 875 sqft $1,820 Downtown Elgin 60120
2026-04-23 Buy condo $201.00 / sqft 1,045 sqft $210,045 Gifford Park 60120
2026-04-23 Buy single-family home $226.00 / sqft 2,340 sqft $528,840 Highland Woods 60124
2026-04-22 Buy single-family home $214.00 / sqft 1,860 sqft $398,040 Century Oaks 60123
2026-04-21 Rent apartment $2.04 / sqft 820 sqft $1,673 Northeast Elgin-Cook 60120
2026-04-21 Buy condo $205.00 / sqft 950 sqft $194,750 Downtown Elgin 60120
2026-04-14 Buy condo $196.00 / sqft 1,120 sqft $219,520 College Green 60123
2026-04-08 Rent apartment $2.39 / sqft 610 sqft $1,458 Downtown Elgin 60120
2026-04-07 Buy townhouse $211.00 / sqft 1,668 sqft $351,948 Century Oaks 60123
2026-04-06 Buy townhouse $218.00 / sqft 1,585 sqft $345,530 Bowes Creek 60124
2026-03-18 Rent condo $1.92 / sqft / month 1,125 sqft $2,160 Century Oaks 60123
2026-02-09 Buy single-family home $207.00 / sqft 2,460 sqft $509,220 Highland Woods 60124
2025-07-30 Rent apartment $2.05 / sqft / month 780 sqft $1,599 Northeast Elgin-Cook 60120
2025-03-14 Buy townhouse $201.00 / sqft 1,720 sqft $345,720 Bowes Creek 60124
2024-09-21 Rent single-family home $1.55 / sqft / month 2,040 sqft $3,162 Highland Woods 60124
2024-05-18 Buy single-family home $194.00 / sqft 2,120 sqft $411,280 Eagle Heights 60123
2023-10-03 Rent townhouse $1.46 / sqft / month 1,560 sqft $2,278 Randall Ridge 60124
2023-04-29 Buy condo $182.00 / sqft 1,160 sqft $211,120 College Green 60123
2022-12-08 Rent luxury apartment $1.88 / sqft / month 940 sqft $1,767 Downtown Elgin 60120
2022-06-16 Buy single-family home $177.00 / sqft 2,360 sqft $417,720 Edgewater 60124
2021-09-27 Rent condo $1.52 / sqft / month 1,100 sqft $1,672 Century Oaks 60123
2021-05-06 Buy townhouse $165.00 / sqft 1,640 sqft $270,600 Southwest Elgin 60123
2020-10-18 Rent apartment $1.48 / sqft / month 860 sqft $1,273 Lords Park 60120
2020-07-01 Buy single-family home $151.00 / sqft 2,180 sqft $329,180 North Country Knolls 60123
2019-11-12 Rent single-family home $1.22 / sqft / month 1,900 sqft $2,318 Bowes Creek 60124
2019-04-03 Buy duplex $141.00 / sqft 1,920 sqft $270,720 Gifford Park 60120
2018-08-24 Rent townhouse $1.18 / sqft / month 1,500 sqft $1,770 College Park 60123
2018-05-13 Buy single-family home $147.00 / sqft 2,580 sqft $379,260 Highland Woods 60124
2017-12-05 Rent condo $1.38 / sqft / month 1,020 sqft $1,408 Downtown Elgin 60120
2017-06-28 Buy single-family home $139.00 / sqft 2,050 sqft $284,950 Valley Creek 60120
2016-09-17 Rent apartment $1.31 / sqft / month 820 sqft $1,074 Wing Park 60123
2016-04-11 Buy townhouse $132.00 / sqft 1,510 sqft $199,320 Eagle Heights 60123
2015-11-30 Rent single-family home $1.05 / sqft / month 1,800 sqft $1,890 Randall Ridge 60124
2015-07-25 Buy single-family home $123.00 / sqft 2,400 sqft $295,200 Bowes Creek 60124
2014-10-09 Rent apartment $1.19 / sqft / month 760 sqft $904 Northeast Elgin-Cook 60120
2014-05-02 Buy condo $116.00 / sqft 1,085 sqft $125,860 Downtown Elgin 60120
2013-12-15 Rent townhouse $1.02 / sqft / month 1,320 sqft $1,346 Southwest Elgin 60123
2013-06-06 Buy single-family home $105.00 / sqft 1,960 sqft $205,800 Century Oaks 60123
2012-09-22 Rent single-family home $0.94 / sqft / month 1,650 sqft $1,551 Lords Park 60120
2012-04-27 Buy duplex $98.00 / sqft 1,880 sqft $184,240 Gifford Park 60120
2011-11-03 Rent condo $1.13 / sqft / month 990 sqft $1,119 College Green 60123
2011-05-19 Buy single-family home $92.00 / sqft 2,320 sqft $213,440 Edgewater 60124
2010-08-14 Rent apartment $1.07 / sqft / month 780 sqft $835 Wing Park 60123
2010-03-08 Buy single-family home $96.00 / sqft 1,780 sqft $170,880 Eagle Heights 60123
2009-10-21 Rent duplex $0.88 / sqft / month 1,225 sqft $1,078 Gifford Park 60120
2009-07-18 Buy townhouse $103.00 / sqft 1,450 sqft $149,350 College Park 60123
2008-09-29 Rent apartment $1.04 / sqft / month 720 sqft $749 Lords Park 60120
2008-05-05 Buy single-family home $118.00 / sqft 2,060 sqft $243,080 Valley Creek 60120
2007-12-11 Rent townhouse $0.91 / sqft / month 1,380 sqft $1,256 Near West Elgin 60123
2007-06-22 Buy condo $128.00 / sqft 1,110 sqft $142,080 College Green 60123
2006-08-30 Rent condo $1.08 / sqft / month 950 sqft $1,026 Downtown Elgin 60120
2006-04-12 Buy single-family home $133.00 / sqft 2,250 sqft $299,250 Bowes Creek 60124
2005-11-16 Rent single-family home $0.86 / sqft / month 1,725 sqft $1,484 Randall Ridge 60124
2005-07-07 Buy townhouse $127.00 / sqft 1,520 sqft $193,040 Century Oaks 60123
2004-10-25 Rent apartment $1.02 / sqft / month 815 sqft $831 Northeast Elgin-Cook 60120
2004-05-17 Buy single-family home $120.00 / sqft 2,480 sqft $297,600 Highland Woods 60124
2003-12-01 Rent duplex $0.79 / sqft / month 1,140 sqft $901 Gifford Park 60120
2003-06-14 Buy single-family home $111.00 / sqft 1,880 sqft $208,680 Valley Creek 60120
2002-09-08 Rent townhouse $0.82 / sqft / month 1,260 sqft $1,033 Eagle Heights 60123
2002-03-26 Buy condo $104.00 / sqft 1,010 sqft $105,040 Downtown Elgin 60120
2001-11-02 Rent apartment $0.96 / sqft / month 760 sqft $730 Southwest Elgin 60123
2001-08-13 Buy single-family home $99.00 / sqft 2,160 sqft $213,840 Bowes Creek 60124
2000-12-19 Rent single-family home $0.73 / sqft / month 1,580 sqft $1,153 Valley Creek 60120
2000-06-02 Buy townhouse $92.00 / sqft 1,340 sqft $123,280 College Park 60123
1999-10-10 Rent apartment $0.91 / sqft / month 690 sqft $628 Downtown Elgin 60120
1999-05-24 Buy single-family home $90.00 / sqft 2,010 sqft $180,900 Randall Ridge 60124
1998-09-15 Rent condo $0.86 / sqft / month 880 sqft $757 College Green 60123
1998-04-30 Buy single-family home $85.00 / sqft 1,820 sqft $154,700 Century Oaks 60123
1997-12-04 Rent townhouse $0.72 / sqft / month 1,180 sqft $850 Century Oaks 60123
1997-07-21 Buy duplex $78.00 / sqft 1,760 sqft $137,280 Gifford Park 60120
1996-10-06 Rent apartment $0.82 / sqft / month 730 sqft $599 Wing Park 60123
1996-03-17 Buy single-family home $80.00 / sqft 1,580 sqft $126,400 Near West Elgin 60123
1995-08-28 Rent single-family home $0.62 / sqft / month 1,400 sqft $868 Lords Park 60120
1995-05-09 Buy condo $72.00 / sqft 920 sqft $66,240 College Green 60123
1994-11-20 Rent duplex $0.67 / sqft / month 1,050 sqft $704 Gifford Park 60120
1994-06-12 Buy townhouse $76.00 / sqft 1,120 sqft $85,120 Wing Park 60123
1993-09-03 Rent apartment $0.74 / sqft / month 650 sqft $481 Downtown Elgin 60120
1993-04-18 Buy single-family home $70.00 / sqft 1,350 sqft $94,500 Lords Park 60120

Housing market overview for Elgin, IL

The real estate market in Elgin, IL can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $211.00 / sqft and an average rent of $1.93 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Elgin?

The average residential buy price in Elgin, IL is $211.00 / sqft based on the current values available on this page.

How much is rent per square foot in Elgin?

The average rental price in Elgin, IL is $1.93 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Elgin increasing?

Buy prices have increased by about 25.5% over the last 5 years. Rent prices have increased by about 26.3% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.