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Area data

Elgin, IL — ZIP 60120

Population: 51,225 (Census ACS)

Home values & appreciation

Median home value
$307,100
1-year appreciation
+3.7%
3-year appreciation
+18.3%
5-year appreciation
+37.0%
10-year appreciation
+98.0%
All-time peak (2026-07)
$307,100
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$318,950
Median list price
$333,700
Median days on market
42 days
Sale-to-list ratio
101.2%
Active listings
46
1-year forecast
+2.2%
Days to pending
17 days
New listings (monthly)
37

Rents

Typical rent
$1,624/mo
1-year rent change
+6.7%
1BR fair-market rent
$1,460/mo
3BR fair-market rent
$2,110/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
17
Elementary schools
9
Middle schools
2
High schools
6
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, inlandFlooding, lightning, tornado, drought
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
43.0 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
178
Days with Unhealthy air quality
5

Walkability & transit

Walkability index
14.8 / 20
Transit service frequency
244

Amenities

National parks within ~60 mi
1
Nearest national park
Pullman National Historical Park (40 mi)
Nearest airport
Schaumburg Regional Airport (8 mi)
Nearest major airport
Dupage Airport (DPA) (9 mi)
Hospitals nearby (~15 mi)
16
Avg hospital rating
3.9 / 5
EV charging stations (within 10 mi)
90
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-850 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$5,452
Mean commute to work
25 min
Households with broadband internet
77.9%

Employment & development

Total county employment
182,988
Average weekly wage
$1,142
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
1,643

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents