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SOUTH ELGIN, IL 60177

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

Market Overview

Active Listings
68
⇧ 44.7% vs 47 last year
Pending
45
66% pending ratio
Median Price
$405,490
⇧ 9% vs $371,950 last year
Average Price
$446,123
⇧ 14.2% vs $390,731 last year
Days on Market
43
⇧ 4.9% vs 41 days last year

Market Context

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

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

Market Analysis

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

The SOUTH ELGIN, IL real estate market (60177) currently shows 68 active listings, with 45 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 43 days on market compared to 41 days last year.

The median listing price has risen 9% year-over-year, from $371,950 to $405,490.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 47 last year
  • Days on market: 43 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $405,490 (+9% YoY)
  • Average: $446,123 (+14.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.0 miles — 729 listings ($337,198,194 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60177South Elgin, IL 601770.0 mi68$30,336,364$405,490$446,123
60184Wayne, IL 601843.9 mi5$9,048,625$1,797,000$1,809,725
60120Elgin, IL 601204.8 mi51$15,534,804$289,950$304,604
60124Elgin, IL 601245.1 mi83$45,780,061$549,950$551,567
60107Streamwood, IL 601077.1 mi78$25,885,392$319,900$331,864
60118Dundee, IL 601188.2 mi43$26,012,506$409,499$604,942
60133Hanover Park, IL 601338.6 mi49$16,285,738$330,000$332,362
60192Hoffman Estates, IL 601929.3 mi23$13,073,292$477,500$568,404
60510Batavia, IL 6051010.1 mi64$35,219,520$505,058$550,305
60194Schaumburg, IL 6019410.6 mi25$9,576,000$296,000$383,040
60193Schaumburg, IL 6019311.1 mi94$39,483,008$300,000$420,032
60172Roselle, IL 6017211.3 mi26$11,593,244$400,000$445,894
60140Hampshire, IL 6014012.0 mi120$59,369,640$409,999$494,747

Frequently Asked Questions

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

As of January 2026, there are 68 active listings in SOUTH ELGIN, IL (zip code 60177), compared to 47 the prior year.

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

The median listing price in SOUTH ELGIN, IL 60177 is $405,490 as of January 2026, a 9% increase from $371,950 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 43 days on the market before going under contract, compared to 41 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 January 2026, SOUTH ELGIN, IL 60177 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 43 days on market compared to 41 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 $8,110 compared to a typical 5% commission on the median listing price of $405,490. 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.