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SOUTH ELGIN, IL 60177

Real Estate Market Report  ·  Kane County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SOUTH ELGIN, IL real estate market (60177) currently shows 75 active listings, with 45 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 28 days on market compared to 26 days last year.

The median listing price has risen 2.9% year-over-year, from $375,000 to $385,750.

Whether you are buying or selling in SOUTH 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.

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Market Context

Market Context

Population: 23,931  ·  Density: 1,040.5/mi²  ·  Median household income: $118,484

Typical home value: $285,698  ·  Homeownership: 80.8%

Market Overview

Active Listings
75
⇧ 23% vs 61 last year
Pending
45
60% pending ratio
Median Price
$385,750
⇧ 2.9% vs $375,000 last year
Average Price
$426,696
⇧ 6.8% vs $399,488 last year
Days on Market
28
⇧ 7.7% vs 26 days last year

Price Per Square Foot

Median $/sqft
$217
⇧ 0.9% vs $215/sqft last year
Median Home Size
1,797 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 61 last year
  • Days on market: 28 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $385,750 (+2.9% YoY)
  • Average: $426,696 (+6.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.0 miles — 804 listings ($378,194,568 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60177South Elgin, IL 601770.0 mi58$26,474,564$398,495$456,458
60184Wayne, IL 601843.9 mi5$9,695,665$2,295,000$1,939,133
60120Elgin, IL 601204.8 mi47$15,709,985$298,725$334,255
60124Elgin, IL 601245.1 mi90$48,720,240$549,000$541,336
60107Streamwood, IL 601077.1 mi94$32,542,330$322,500$346,195
60118Dundee, IL 601188.2 mi45$28,773,855$478,750$639,419
60133Hanover Park, IL 601338.6 mi65$21,559,785$328,250$331,689
60192Hoffman Estates, IL 601929.3 mi22$13,706,858$520,725$623,039
60510Batavia, IL 6051010.1 mi67$35,583,298$492,523$531,094
60194Schaumburg, IL 6019410.6 mi32$13,861,760$323,450$433,180
60193Schaumburg, IL 6019311.1 mi107$45,888,662$374,975$428,866
60172Roselle, IL 6017211.3 mi26$12,181,312$421,125$468,512
60140Hampshire, IL 6014012.0 mi146$73,496,254$416,243$503,399

Frequently Asked Questions

How many homes are for sale in SOUTH ELGIN, IL 60177?

As of March 2026, there are 75 active listings in SOUTH ELGIN, IL (zip code 60177), compared to 61 the prior year.

What is the median home price in SOUTH ELGIN, IL 60177?

The median listing price in SOUTH ELGIN, IL 60177 is $385,750 as of March 2026, a 2.9% increase from $375,000 the prior year.

How long do homes stay on the market in SOUTH ELGIN, IL?

Homes in SOUTH ELGIN, IL 60177 spend an average of 28 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in SOUTH ELGIN, IL 60177?

Based on current inventory and days-on-market data as of March 2026, SOUTH ELGIN, IL 60177 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 28 days on market compared to 26 days last year.

How much can I save on real estate commission in SOUTH ELGIN, IL?

With SELL123.com's maximum 3% commission, sellers in SOUTH ELGIN, IL 60177 save an estimated $7,715 compared to a typical 5% commission on the median listing price of $385,750. 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.