Sign In Register

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
81%
19%
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 Market49
Sale-to-List Ratio1.0%
Price Drops2.5%
Homes Sold12
Active Inventory40
Price Per Sq Ft$217

Ownership & Stock

Owner-Occupied81.3%
Renter-Occupied18.7%
Homeownership Rate81.3%
Total Housing Units8,393
Median Year Built1995
Rent Burden33.2%