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Elgin
Illinois

Elgin, IL 60120

Elgin (60120) has an estimated 50,955 residents with 50,590 of those people in approximately 15,546 housing units. The 60120 zipcode contains 8,735 housing units that are owned with a mortgage or a loan, 1,800 housing units that are owned free and clear and 5,011 housing units that are renter occupied.


In Elgin (60120) the median listing price of $179,000 has declined by $6,000 since 2018-10.

In 2018 the average percentage drop was 3.00% of original listing price.

67 homes were sold in 2018-11 in Elgin, IL (60120).
This monthly number has grown by 5 from the previous month.

Zip code 60120 is in the Chicago-Naperville-Elgin metropolitan area.
The median estimated home value in Elgin, IL (60120) is $173,700 as of 2018-10-31 . Home values here have declined by 0.70%.

In Elgin, IL (60120), values have declined by -0.19 from when they peaked at $215,600 in 2007-Q1

The Zillow Market Health Index for Elgin, IL (60120) is 1.90. The corresponding state value is 1.18. This is significantly higher than the overall Market Health Index of Illinois.
Metro value is 0.55.
This is significantly higher than the overall Market Health Index of Chicago-Naperville-Elgin.


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