The Unshakable Investor

Unshakable ZIP Data 60123 | Elgin, IL Housing Market

Elgin · Kane County · Chicago-Naperville-Elgin, IL-IN-WI metro · Illinois · Data updated June 19, 2026

The median sale price in ZIP 60123, Elgin, Illinois is $309,908 at $195 per square foot. 114 single-family homes sold in the latest period, down 10.7 percent from a year earlier. Homes sit a median of 43 days on market with 2.5 months of supply. Sellers are getting 101.6 percent of list price and 47.8 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$324,431
Average price per sq ft$205
Median sale price$309,908
Median sale price per sq ft$195
Median home size1,585 sq ft
Median new listing price$317,189+0.7%
National size rank1,179

Sales activity

MetricValueYear over year
Homes sold114-10.7%
Median days on market43 days
Months of supply2.5 months
New listings139-2.0%
Active listings210-2.5%
Pending sales135-13.6%

Pricing power

MetricValueYear over year
Average sale-to-list ratio101.6%+0.7 pts
Share sold above list47.8%+0.1 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$183,553
2-bedroom
$254,968
3-bedroom
$321,075
4-bedroom
$401,390
5-bedroom
$420,058

These figures describe the single-family market for Elgin, Illinois ZIP 60123. They are market context, not a substitute for sold comps or a formal appraisal.