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Illinois

Elgin, IL 60124

Elgin (60124) has an estimated 18,935 residents with 18,928 of those people in approximately 6,603 housing units. The 60124 zipcode contains 5,044 housing units that are owned with a mortgage or a loan, 1,167 housing units that are owned free and clear and 392 housing units that are renter occupied.


In Elgin (60124) the median listing price of $324,900 has risen by $0 since 2018-10.

In 2018 the average percentage drop was 1.66% of original listing price.

36 homes were sold in 2018-11 in Elgin, IL (60124).
This monthly number has dropped by 3 from the previous month.

Zip code 60124 is in the Chicago-Naperville-Elgin metropolitan area.
The median estimated home value in Elgin, IL (60124) is $307,000 as of 2018-10-31 . Home values here have declined by 0.23%.

In Elgin, IL (60124), values have dropped by -0.13 from when they peaked at $354,500 in 2006-Q3

The Zillow Market Health Index for Elgin, IL (60124) is 1.04. The corresponding state value is 1.18. This is lower 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.


Demographics of Elgin zipcode 60124
The median age here is 42.10. This age is 110.8% the national median age.
This population is significantly older.
The number of male residents is 12,187 with a median age of 41.40 years. The number of female residents is 12,672 with a median age of 42.90 years. This yields a ♂ to ♀ ratio of 0.96
The average household is 2.83 persons and has an income of $125,754.
The average family size in Elgin is 2.61.
Area Code: 224/847
Time zone: Central USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 551
Employment: 7,742
Medicare Area: Elgin, IL
County: KANE

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