South Elgin Real Estate Forecast, South Elgin Area Housing Prices and Home Value Trends and Predictions

Is buying a house in South Elgin a good investment? The median home price in South Elgin today: â–¼ 335,770 USD (-7.918%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$335,770

1 Month Forecast

â–² $367,217

1-Year Forecast *

â–² $390,394

5-Year Forecast *

â–² $465,888

"Is it a good time to buy homes in South Elgin?" "Does investing in real estate in South Elgin (Illinois State, Kane County) worth it?" According to our live Forecast System, buying a house in South Elgin is a good short-term (1-year) investment*. The South Elgin average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "South Elgin" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in South Elgin in Illinois State, Kane County. If you are looking for homes for sale with good flipping profit, South Elgin can be a profitable property investment option. The median price of an average house in South Elgin was 335,770 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "South Elgin" area is 465,888 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +38.75% meaning that investing 100000 USD today may yield a profit of 38,752 USD by 2031.

Current Median Listing Price: 335,770 USD Median Listing Price Per Square Foot: 187 USD

South Elgin Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

South Elgin (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

South Elgin Price Target

South Elgin median home price target in 12 months: $390,394* (upside of 16.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $362,253 $364,641 $362,253 $365,783
2024 $317,275 $335,770 $317,275 $335,770
2023 $299,104 $316,281 $298,797 $316,281
2022 $278,957 $300,101 $278,957 $302,839
2021 $250,700 $275,595 $250,700 $275,595
2020 $233,840 $247,106 $233,840 $247,106
2019 $228,856 $233,341 $228,856 $233,982
2018 $221,012 $227,400 $221,012 $227,400
2017 $207,163 $219,224 $207,163 $219,224
2016 $196,220 $206,103 $196,220 $206,103
2015 $185,084 $195,314 $185,084 $195,314
2014 $174,748 $184,289 $174,748 $184,289
2013 $161,222 $173,881 $161,222 $173,881
2012 $156,496 $160,999 $156,496 $160,999

Questions & Answers about the South Elgin Housing Market Forecast

How much does an average home cost in South Elgin today?

The value of an average home (the listing price) in South Elgin is $335,770 USD.

What is the average price per square foot in South Elgin?

According to Walletinvestor the median price per square foot in South Elgin is 187 USD.

Will the median listing price of homes in South Elgin grow / rise / go up?

Yes. The South Elgin home prices may rise from 335,770 USD to 390,394 USD in one year.

Is it profitable to invest in South Elgin homes?

Yes. The long-term profit potential is +16.27% in one year.

Will South Elgin house prices fall / drop?

No. See above.

What is the predicted price of a South Elgin home in 2030?

The predicted home sales price of a South Elgin home in 2030 in South Elgin is 448,614 USD.

What is the predicted price of a South Elgin home in 2035?

The predicted home sales price of a South Elgin home in 2035 in South Elgin is 565,080 USD.

Will real estate prices decrease in South Elgin?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

South Elgin is the 2803. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Kane, South Elgin decreased, looking at the past 12 months.

According to Walletinvestor's South Elgin real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.129% to 335,770 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 18.198% in 2021
  • 16.508% in 2022
  • 17.348% in 2023
  • 16.578% in 2024
  • 16.288% in 2025
  • 17.338% in 2026

Based on our South Elgin real estate market research and report the predicted sales prices will increase by 351.455% in the next 10 years.

Over the last 12 months, the value of homes in South Elgin fluctuated: increasing 2 times and decreasing 2 times.

South Elgin (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
South Elgin Housing Market Forecast with Real Estate Prices for 2025
August 2025 367217 334535 399899
September 2025 369811 342075 397547
October 2025 372424 335181 409666
November 2025 375055 356302 393807
December 2025 376728 352617 400838
South Elgin Housing Market Forecast with Real Estate Prices for 2026
January 2026 376999 355133 398865
February 2026 377816 352502 403129
March 2026 379554 352986 406123
April 2026 382236 353950 410521
May 2026 384936 348367 421505
June 2026 387655 353542 421769
July 2026 390394 357991 422797
August 2026 393152 371135 415168
September 2026 395929 373361 418497
October 2026 398726 374005 423447
November 2026 400787 360708 440866
December 2026 400880 366404 435356
South Elgin Housing Market Forecast with Real Estate Prices for 2027
January 2027 399672 375691 423652
February 2027 398805 377668 419942
March 2027 397834 361631 434037
April 2027 397256 375407 419105
May 2027 395936 367824 424047
June 2027 395529 366260 424798
July 2027 395631 361211 430051
August 2027 396929 363587 430271
September 2027 399461 372298 426625
October 2027 402283 373721 430846
November 2027 405125 375551 434700
December 2027 407987 385140 430835
South Elgin Housing Market Forecast with Real Estate Prices for 2028
January 2028 410786 374226 447346
February 2028 413325 385633 441018
March 2028 414694 392301 437088
April 2028 415905 389703 442107
May 2028 417212 383835 450589
June 2028 419098 391438 446759
July 2028 421989 392028 451950
August 2028 424886 388346 461426
September 2028 427658 396439 458877
October 2028 429190 391850 466529
November 2028 430399 398980 461818
December 2028 431790 406746 456834
South Elgin Housing Market Forecast with Real Estate Prices for 2029
January 2029 433745 393841 473650
February 2029 435959 398467 473451
March 2029 438650 397417 479883
April 2029 441532 417247 465816
May 2029 444651 411747 477555
June 2029 447190 414545 479835
July 2029 448614 425735 471493
August 2029 448984 416208 481759
September 2029 447950 408083 487818
October 2029 447201 411425 482977
November 2029 447582 414461 480703
December 2029 450744 406121 495368
South Elgin Housing Market Forecast with Real Estate Prices for 2030
January 2030 453929 423969 483888
February 2030 457135 412336 501935
March 2030 460365 414789 505941
April 2030 462419 435598 489239
May 2030 462751 435912 489591
June 2030 463754 433610 493898
July 2030 465888 425356 506420
August 2030 469179 437744 500614
September 2030 472494 429497 515491
October 2030 475832 436338 515326
November 2030 479193 433670 524717
December 2030 482579 436251 528906
South Elgin Housing Market Forecast with Real Estate Prices for 2031
January 2031 485988 440791 531185
February 2031 489421 440479 538363
March 2031 491950 442755 541145
April 2031 492064 462541 521588
May 2031 490581 447901 533262
June 2031 489517 459657 519378
July 2031 488326 456096 520555
August 2031 487616 461773 513460
September 2031 485995 454406 517585
October 2031 485496 437432 533560
November 2031 485621 448229 523014
December 2031 487215 456520 517909
South Elgin Housing Market Forecast with Real Estate Prices for 2032
January 2032 490323 448646 532001
February 2032 493787 464160 523414
March 2032 497275 460477 534074
April 2032 500788 452713 548864
May 2032 504224 473971 534478
June 2032 507341 458636 556045
July 2032 509021 478479 539562

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.