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|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$119,491||+19.1%|
|2 bed apartments||$168,474||-0.2%|
|3 bed apartments||$235,707||-1%|
|4+ bed apartments||$402,549||-5.9%|
During Sep 2020, the average price for an apartment in/near Elgin, IL decreased by 3.1% to $304,418.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 19.1% to $119,491. Asking price for 2-bed apartment also decreased by 0.2% and a place of this size will now cost you $168,474. A 3-bed apartment goes for $235,707, it decreased by 1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 5.9% and made it down to $402,549.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$278,705||-3.2%|
|Lofts for sale||$302,102||-2.4%|
|Apartments for sale||$554,468||-11.4%|
|Townhouses for sale||$195,684||+0%|
|Condos for sale||$139,085||+2.8%|
|Duplexes for sale||$243,801||+8.4%|
The average cost of an apartment in Elgin, IL decreased by 11.4% to $554,468. Price reports demonstrate that house price decreased by 3.2% this month making it up to $278,705. Condos are really in demand in this season. The median price for a condo increased by 2.8%, it’s now available for $139,085. You can now purchase a duplex for just $243,801, duplex price increased by 8.4% this month. The price dynamics of lofts changed, it decreased by 2.4%, the price tag now starts at $302,102. The property value of townhouses decreased by 0%, you’ll have to spend around $195,684 to get one.