Illinois Park
Data as of February 2026. Source: Realtor.com.
The ELGIN, IL real estate market (60123) currently shows 68 active listings, with 35 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 33 days on market compared to 38 days last year.
The median listing price has fallen 7.2% year-over-year, from $301,250 to $279,450.
Whether you are buying or selling in ELGIN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 49,537 · Density: 1,369.4/mi² · Median household income: $82,358
Typical home value: $231,426 · Homeownership: 69.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60123 | Elgin, IL 60123 | 0.0 mi | 57 | $16,397,418 | $281,000 | $287,674 |
| 60120 | Elgin, IL 60120 | 3.8 mi | 51 | $15,534,804 | $289,950 | $304,604 |
| 60118 | Dundee, IL 60118 | 4.7 mi | 43 | $26,012,506 | $409,499 | $604,942 |
| 60110 | Carpentersville, IL 60110 | 5.8 mi | 47 | $14,933,310 | $267,500 | $317,730 |
| 60103 | Bartlett, IL 60103 | 6.9 mi | 67 | $31,401,694 | $418,995 | $468,682 |
| 60175 | Saint Charles, IL 60175 | 7.6 mi | 45 | $54,475,425 | $750,000 | $1,210,565 |
| 60174 | Saint Charles, IL 60174 | 7.8 mi | 65 | $60,380,840 | $600,000 | $928,936 |
| 60133 | Hanover Park, IL 60133 | 9.7 mi | 49 | $16,285,738 | $330,000 | $332,362 |
| 60194 | Schaumburg, IL 60194 | 10.3 mi | 25 | $9,576,000 | $296,000 | $383,040 |
| 60156 | Lake In The Hills, IL 60156 | 10.6 mi | 41 | $17,815,115 | $422,500 | $434,515 |
| 60193 | Schaumburg, IL 60193 | 11.3 mi | 94 | $39,483,008 | $300,000 | $420,032 |
| 60185 | West Chicago, IL 60185 | 11.3 mi | 23 | $14,167,402 | $485,000 | $615,974 |
| 60195 | Schaumburg, IL 60195 | 11.7 mi | 3 | $658,500 | $219,500 | $219,500 |
As of February 2026, there are 68 active listings in ELGIN, IL (zip code 60123), compared to 74 the prior year.
The median listing price in ELGIN, IL 60123 is $279,450 as of February 2026, a 7.2% decrease from $301,250 the prior year.
Homes in ELGIN, IL 60123 spend an average of 33 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ELGIN, IL 60123 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in ELGIN, IL 60123 save an estimated $5,589 compared to a typical 5% commission on the median listing price of $279,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.