Forest Ridge · West Streamwood
Data as of September 2026. Source: Realtor.com.
The ELGIN, IL real estate market (60120) currently shows 87 active listings, with 40 pending sales. Homes are averaging 23 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 23 days on market compared to 28 days last year.
The median listing price has risen 7.8% year-over-year, from $296,850 to $319,950.
Population: 50,589 · Density: 1,120.9/mi² · Median household income: $78,360
Typical home value: $213,174 · Homeownership: 65.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60120 | Elgin, IL 60120 | 0.0 mi | 47 | $15,709,985 | $298,725 | $334,255 |
| 60123 | Elgin, IL 60123 | 3.8 mi | 68 | $19,675,868 | $279,450 | $289,351 |
| 60192 | Hoffman Estates, IL 60192 | 4.5 mi | 22 | $13,706,858 | $520,725 | $623,039 |
| 60184 | Wayne, IL 60184 | 5.7 mi | 5 | $9,695,665 | $2,295,000 | $1,939,133 |
| 60118 | Dundee, IL 60118 | 6.3 mi | 45 | $28,773,855 | $478,750 | $639,419 |
| 60194 | Schaumburg, IL 60194 | 6.5 mi | 32 | $13,861,760 | $323,450 | $433,180 |
| 60193 | Schaumburg, IL 60193 | 7.4 mi | 107 | $45,888,662 | $374,975 | $428,866 |
| 60195 | Schaumburg, IL 60195 | 8.1 mi | 3 | $750,000 | $250,000 | $250,000 |
| 60172 | Roselle, IL 60172 | 8.5 mi | 26 | $12,181,312 | $421,125 | $468,512 |
| 60010 | Barrington, IL 60010 | 9.0 mi | 139 | $206,048,596 | $1,137,000 | $1,482,364 |
| 60173 | Schaumburg, IL 60173 | 9.6 mi | 16 | $6,035,744 | $321,175 | $377,234 |
| 60102 | Algonquin, IL 60102 | 9.8 mi | 100 | $47,330,500 | $445,490 | $473,305 |
| 60175 | Saint Charles, IL 60175 | 9.9 mi | 43 | $56,183,155 | $779,475 | $1,306,585 |
As of September 2026, there are 87 active listings in ELGIN, IL (zip code 60120), compared to 96 the prior year.
The median listing price in ELGIN, IL 60120 is $319,950 as of September 2026, a 7.8% increase from $296,850 the prior year.
Homes in ELGIN, IL 60120 spend an average of 23 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELGIN, IL 60120 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 23 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in ELGIN, IL 60120 save an estimated $6,399 compared to a typical 5% commission on the median listing price of $319,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.