Population: 50,589 · Density: 1,120.9/mi² · Median household income: $78,360
Typical home value: $213,174 · Homeownership: 65.4%
Data as of January 2026. Source: Realtor.com.
The ELGIN, IL real estate market (60120) currently shows 51 active listings, with 27 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 37 days on market compared to 50 days last year.
The median listing price has fallen 2.8% year-over-year, from $298,225 to $289,950.
Whether you are buying or selling in ELGIN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60120 | Elgin, IL 60120 | 0.0 mi | 51 | $15,534,804 | $289,950 | $304,604 |
| 60123 | Elgin, IL 60123 | 3.8 mi | 57 | $16,397,418 | $281,000 | $287,674 |
| 60192 | Hoffman Estates, IL 60192 | 4.5 mi | 23 | $13,073,292 | $477,500 | $568,404 |
| 60184 | Wayne, IL 60184 | 5.7 mi | 5 | $9,048,625 | $1,797,000 | $1,809,725 |
| 60118 | Dundee, IL 60118 | 6.3 mi | 43 | $26,012,506 | $409,499 | $604,942 |
| 60194 | Schaumburg, IL 60194 | 6.5 mi | 25 | $9,576,000 | $296,000 | $383,040 |
| 60193 | Schaumburg, IL 60193 | 7.4 mi | 94 | $39,483,008 | $300,000 | $420,032 |
| 60195 | Schaumburg, IL 60195 | 8.1 mi | 3 | $658,500 | $219,500 | $219,500 |
| 60172 | Roselle, IL 60172 | 8.5 mi | 26 | $11,593,244 | $400,000 | $445,894 |
| 60010 | Barrington, IL 60010 | 9.0 mi | 135 | $190,215,135 | $1,095,000 | $1,409,001 |
| 60173 | Schaumburg, IL 60173 | 9.6 mi | 11 | $3,513,246 | $230,000 | $319,386 |
| 60102 | Algonquin, IL 60102 | 9.8 mi | 95 | $44,565,545 | $436,165 | $469,111 |
| 60175 | Saint Charles, IL 60175 | 9.9 mi | 45 | $54,475,425 | $750,000 | $1,210,565 |
As of January 2026, there are 51 active listings in ELGIN, IL (zip code 60120), compared to 58 the prior year.
The median listing price in ELGIN, IL 60120 is $289,950 as of January 2026, a 2.8% decrease from $298,225 the prior year.
Homes in ELGIN, IL 60120 spend an average of 37 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ELGIN, IL 60120 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 37 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in ELGIN, IL 60120 save an estimated $5,799 compared to a typical 5% commission on the median listing price of $289,950. 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.