The median home value in Elgin, IL is $264,200. This is lower than the county median home value of $310,200. The national median home value is $338,100. The average price of homes sold in Elgin, IL is $264,200. Approximately 67.56% of Elgin homes are owned, compared to 28.95% rented, while 3.49% are vacant. Elgin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elgin real estate agent to arrange a tour today!
Elgin, Illinois 60124 has a population of 114,156. Elgin 60124 is less family-centric than the surrounding county with 34.44% of the households containing married families with children. The county average for households married with children is 36.28%.
The median household income in Elgin, Illinois 60124 is $79,757. The median household income for the surrounding county is $88,935 compared to the national median of $69,021. The median age of people living in Elgin 60124 is 35 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.9 inches per year, with 32.6 inches of snow per year.