From January through March of 2018, there were 37 homes sold, with a median sale price of $200,000 - a 4.1% decrease over the $208,475 median sale price for the same period of the previous year. There were 54 homes sold in South Elgin in the first quarter of 2017.
The median sales tax in South Elgin for the most recent year with available data, 2017, was $6,030.90, approximately 3% of the median home sale price for the first quarter of 2018.
The following table compares South Elgin to other Kane County cities with similar median sales prices in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| West Dundee | 25 | 22 | 13.6% | $239,000 | $237,500 | 0.6% |
| Big Rock | 6 | 4 | 50% | $238,250 | $258,000 | -7.7% |
| Gilberts | 26 | 27 | -3.7% | $232,500 | $212,000 | 9.7% |
| Huntley | 18 | 32 | -43.8% | $231,500 | $207,500 | 11.6% |
| Wildrose | 1 | 1 | 0% | $210,000 | $290,000 | -27.6% |
| South Elgin | 37 | 54 | -31.5% | $200,000 | $208,475 | -4.1% |
| Pingree Grove | 34 | 22 | 54.5% | $188,500 | $181,000 | 4.1% |
| East Dundee | 14 | 12 | 16.7% | $186,250 | $165,500 | 12.5% |
| Hampshire | 16 | 28 | -42.9% | $182,450 | $175,500 | 4% |
| Elgin | 248 | 266 | -6.8% | $174,500 | $161,950 | 7.7% |
| Burlington | 3 | 0 | - | $173,500 | $0 | - |
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