South Elgin, IL Housing Statistics

A+

31%

Med. Home Val. NAT. AVG.

58%

Rent NAT. AVG.

28%

Owner Occ. NAT. AVG.

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South Elgin Housing Information

Index	South Elgin	Illinois	National
Median home price	$242,700	$174,800	$184,700
Median rent asked	$1,496	$925	$949
Avg. people per household	2.9	2.6	2.6
Owner occupied households	81.7%	66.0%	63.6%
Renter occupied households	18.3%	34.0%	36.4%

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Housing Quick Facts

The median home price in South Elgin is 31% higher than the national average.
The median rent asked in South Elgin is 58% higher than the national average.
The average number of people per household in South Elgin is 10% higher than the national average.
The number of owner occupied households in South Elgin is 28% higher than the national average.
The number of renter occupied households in South Elgin is 50% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Carpentersville, IL	37,618	$176,800	4%
Elgin, IL	112,062	$196,100	6%
Glendale Heights, IL	33,863	$203,200	10%
Streamwood, IL	39,917	$205,900	11%
Hanover Park, IL	37,811	$206,400	12%
South Elgin, IL	23,648	$242,700	31%

Cities with similar population

	Population	Home Price	National Avg.
Muscatine, IA	23,661	$112,500	39%
North Haven, CT	23,665	$297,000	61%
Stoneham, MA	23,625	$526,800	185%
Searcy, AR	23,673	$145,900	21%
Newberg, OR	23,676	$341,400	85%
South Elgin, IL	23,648	$242,700	31%

Source: The South Elgin, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).