South Elgin, IL
Full City Profile · Illinois · Kane County County
3.8
/5.0
B+
Good
23,984
Population
3,299/sq mi density
$123,744
Median Income
$51,413 per capita
$296,100
Home Value
$359,789 Zillow
$1,619
Median Rent
33.2% income on rent
50°F
Avg Temperature
275 sunny days/yr
68
Violent Crime/100K
440 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$123,744 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$296,100 home value, $1,619/mo rent
F
Safety
1.0 / 5.0
68 violent crimes/100K
A
Education
4.1 / 5.0
38.4% bachelor's degree or higher
Housing Overview
Median Home Value
$296,100
5% above
US avg: $281,900
Median Rent
$1,619/mo
39% above
US avg: $1,163/mo
Homeownership Rate
81.3%
24% above US avg (65.4%)
Total Housing Units
8,393
Median year built: 1995
Home Value by Source
Census Median
$296,100
Zillow (ZHVI)
$359,789
Median Sale Price
$356,000
Median List Price
$379,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.3%
Owner-Occupied
18.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,619/mo
Market Indicators (Redfin)
Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
2.5%
of listings with price reduction
Price Per Sq Ft
$217
Active Inventory
40
homes for sale
Affordability & Housing Stock
Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
81.3%
Complete Housing Data
Home Values
| Census Median Value | $296,100 |
| Zillow Home Value (ZHVI) | $359,789 |
| Median Sale Price | $356,000 |
| Median List Price | $379,900 |
| Price Per Sq Ft | $217 |
Rent
| Census Median Rent | $1,619 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 49 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 2.5% |
| Homes Sold | 12 |
| Active Inventory | 40 |
| Price Per Sq Ft | $217 |
Ownership & Stock
| Owner-Occupied | 81.3% |
| Renter-Occupied | 18.7% |
| Homeownership Rate | 81.3% |
| Total Housing Units | 8,393 |
| Median Year Built | 1995 |
| Rent Burden | 33.2% |
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