Median price for residential apartments in as of Sep, 2020.
Be informed, make custom offers based only on median sale prices. But keep in mind, that price depends on size/amenities of the apartment.
553 Elgin, IL, USA apartments for sale
Get Renters Insurance
Protect your treasures with 
Housing Trends
Elgin, IL, USA Housing Trends
Average rent in Elgin: $304,418 (-3.1%)
| 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.
Popular Searches
Nearby cities
View City Information