From January to March, 37 homes sold in South Elgin for a median price of $200,000. That's 0.7 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, 4 homes in South Elgin were in foreclosure.
Median property tax for homeowners in South Elgin was $5,644.90 in 2017 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
South Elgin real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
35
$245,700
-
2010
28
$215,460
-12.3%
2011
32
$196,620
-8.7%
2012
34
$164,673
-16.2%
2013
68
$160,541
-2.5%
2014
57
$185,500
15.5%
2015
50
$212,000
14.3%
2016
63
$198,450
-6.4%
2017
56
$201,425
1.5%
2018
37
$200,000
-0.7%
Median property tax
Median sale price
Effective property tax rate
2009
$5,711.63
$245,700
2.3%
2010
$6,635.52
$215,460
3.1%
2011
$5,763.21
$196,620
2.9%
2012
$5,517.81
$164,673
3.4%
2013
$5,223.27
$160,541
3.3%
2014
$6,155.69
$185,500
3.3%
2015
$6,484.30
$212,000
3.1%
2016
$6,317.32
$198,450
3.2%
2017
$5,644.90
$201,425
2.8%