In January 2020, there were 14 homes sold, with a median sale price of $227,500 - a 6.3% decrease over the $242,750 median sale price for the same period of the previous year. There were 12 homes sold in South Elgin in January 2019.
The median sales tax in South Elgin for the most recent year with available data, 2018, was $6,337, approximately 2.8% of the median home sale price for January 2020.
The following table compares South Elgin to other Kane County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sleepy Hollow | 1 | 2 | -50% | $283,455 | $206,650 | 37.2% |
| Algonquin | 10 | 8 | 25% | $267,500 | $251,500 | 6.4% |
| Elburn | 9 | 4 | 125% | $265,000 | $237,625 | 11.5% |
| Huntley | 10 | 6 | 66.7% | $244,500 | $225,000 | 8.7% |
| Sugar Grove | 13 | 7 | 85.7% | $233,000 | $280,000 | -16.8% |
| South Elgin | 14 | 12 | 16.7% | $227,500 | $242,750 | -6.3% |
| North Aurora | 21 | 16 | 31.3% | $225,000 | $262,950 | -14.4% |
| Gilberts | 8 | 5 | 60% | $211,500 | $175,000 | 20.9% |
| Pingree Grove | 13 | 6 | 116.7% | $196,500 | $211,350.50 | -7% |
| Elgin | 100 | 69 | 44.9% | $185,000 | $210,000 | -11.9% |
| East Dundee | 1 | 2 | -50% | $180,000 | $176,250 | 2.1% |
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