Rising home prices in Elgin (Cook County) in April 2021

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The median sale price of a home sold in April 2021 in Elgin in Cook County rose by $7,000 while total sales increased by 137.5%, according to BlockShopper.com.

In April 2021, there were 38 homes sold, with a median sale price of $226,500 - a 3.2% increase over the $219,500 median sale price for the same period of the previous year. There were 16 homes sold in Elgin in April 2020.

The median sales tax in Elgin for the most recent year with available data, 2019, was $4,501, approximately 2% of the median home sale price for April 2021.

The following table compares Elgin to other Cook County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Schiller Park234475%$234,000$193,00021.2%
Des Plaines16552217.3%$230,500$230,0000.2%
Buffalo Grove4411300%$228,750$229,000-0.1%
Hanover Park236283.3%$225,000$233,250-3.5%
* This story only considers sales data for the part of Elgin that is in Cook County.

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