South Elgin
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South Elgin Real Estate
The Chicago suburb of South Elgin is a typical Midwestern community that expanded out from a riverfront town center. There are more traditional neighborhoods closer in to the downtown and sprawling planned subdivisions on the outskirts of the village. No matter where you look, the homes in South Elgin rest on large, grass-covered lots surrounded by mature vegetation, thick tree perimeters and, in many cases, healthy forest preserves. Some properties lie directly on the banks of the Fox, affording a tranquil, private riverside retreat for the lucky homeowners who snag a coveted plot of land with water rights.
The real estate in South Elgin's residential zones provides a wealth of housing types and price ranges. Detached single-family residences start in the low $100,000s and can reach to luxury market values. The higher-end homes are custom designed estates with prime locations next to protected woodland. Floor plans include all the top-notch amenities and finishes, and the lot may even feature an in-ground pool. The majority of South Elgin houses are two-, three- and four-bedroom places with an assortment of architectural styles and layouts. For the most part, detached homes up for sale here were built within the last 25 years and have attached garages, finished basements and nice interior appointments.
There are several new construction townhome developments in South Elgin that offer buyers attractive alternatives to owning a private house with a yard to keep up. The living spaces are all modern and many complexes have great community amenities like clubhouses, swimming pools, tennis courts and access to the river. Cambridge Bluffs is a 70+ unit complex facing the Fox River; River Place Townhomes is a smaller development that also touts great views; and Raymond Square Townhomes is an intimate 21-unit subdivision on the east side of the Fox. There are a number of newly established residential areas that offer a mixture of townhouses and single-family homes, too.
South Elgin market trends
Average sales price
The average sale price of a home in South Elgin is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on South Elgin sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in South Elgin spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in South Elgin sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in South Elgin is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on South Elgin sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in South Elgin is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on South Elgin sign up for the trends report below or contact your Dream Town broker.
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