Found 17 blog entries tagged as Elgin.

765 Columbine Dr, Elgin, IL

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$ CLICK FOR CURRENT PRICE 3 BEDROOMS 2 BATHROOMS 0.25 acres Lot

This beautifully updated 3-bedroom, 2-bath ranch is a rare find! This home features fresh paint, brand-new carpeting, updated plumbing, and brand-new stainless steel appliances. The bright, open layout includes a welcoming foyer, spacious family room with gas fireplace, and a large eat-in kitchen that leads to a screened-in porch and freshly seeded backyard. The primary suite offers a walk-in closet, dual sinks, soaking tub, and separate shower. Ceiling fans in every room, tons of natural…

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35W837 Crispin Dr, Elgin, IL

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$ CLICK FOR CURRENT PRICE 3 BEDROOMS 2 BATHROOMS 0.28 acres Lot

Welcome to this beautifully maintained 3-bedroom, 2-bath split-level home nestled on a landscaped lot with fantastic curb appeal. The 2-car garage features a MyQ garage door opener for modern convenience, and a concrete drive. Fenced backyard with a spacious patio and storage shed-ideal for outdoor entertaining. Inside, luxury vinyl plank flooring flows throughout the main level, highlighting a sun-filled living room with slider to the backyard and an adjacent formal dining room. The…

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Hello Elgin friends! Are you curious about what’s happening in the Elgin real estate market right now? Whether you’re thinking of buying or selling a home, having the right information can make all the difference. Let’s dive into the numbers and what they mean for you!

Elgin’s Market Is Buzzing: A Seller’s Advantage

Right now, Elgin is firmly in a seller’s market. With just 1.3 months of inventory available, homes are in short supply compared to the number of eager buyers.

  • Sellers: This environment puts you in the driver’s seat, with the potential for multiple offers and quick sales.

  • Buyers: Be ready to act quickly when you find a property you love, since competition is fierce.

June 2025 Months Supply of Housing Inventory in Elgin IL

Inventory Trends: What’s…

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The real estate market in Elgin, Illinois, continues to evolve, and June 2025 presents homeowners and buyers with fresh insights. With the market moving quickly and showing signs of consistent stability, both sellers and buyers need to stay informed. Let’s dive into the numbers and what they mean for you.

Current Inventory Levels Indicate Seller Advantage

In June 2025, Elgin holds a 1.5 Months Supply of Inventory (MSI)—a metric that tells us how long it would take to sell all current listings if no new ones came on the market. A balanced market typically sits around 5-6 months of inventory. So, at just 1.5 months, Elgin clearly remains a seller’s market, indicating strong demand and low supply.

June 2025 Months Supply of Housing Inventory Elgin IL

Over the past 12 months, there’s been…

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A Competitive Market in Elgin, Illinois

Elgin, Illinois, is witnessing a tightening real estate market as of March 2025. Whether you're a buyer or a seller, understanding current trends can help you make informed decisions. The following report dives into inventory levels, pricing trends, and the pace at which homes are selling.

Inventory Levels Are Tightening

Currently, Elgin has a 1.3-month supply of inventory, meaning that if no new homes were listed, it would take just over a month to sell all the existing properties. This metric is crucial in evaluating the balance between supply and demand.

March 2025 Months Supply of Housing Inventory Elgin Illinois

Over the past 12 months, inventory levels have declined by 8%, which suggests fewer homes are being listed. This decline indicates a

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Introduction

Hey there, everyone! It's The Kombrink Team at One Source Realty, your friendly local REALTORs here in Elgin, Illinois. Today, we're excited to share with you some key market updates for February 2025. Whether you’re buying or selling, understanding the latest real estate trends is crucial. Let’s dive into the numbers and see what’s happening in Elgin’s housing market this month.

Elgin Real Estate Market Overview – February 2025

1. Current Housing Inventory

As of February 2025, Elgin has a 1.3 Months Supply of Inventory. This means that if no new homes were listed, it would take just over a month to sell all available homes at the current sales pace. Over the last 12 months, the Months Supply of Inventory has decreased…

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1119 Lakewood Rd, Elgin, IL

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$ CLICK FOR CURRENT PRICE 3 BEDROOMS 2 BATHROOMS

Discover the perfect blend of comfort and convenience in this beautifully upgraded home in Willow Lake Estates, Elgin's premier 55+ community! Featuring over 1,500 sq. ft. of living space, this home boasts luxury vinyl plank flooring throughout, a spacious living room, and a huge eat-in kitchen-perfect for entertaining. The primary suite offers a private bath with double sinks, while the landscaped lot, inviting front porch, and attached 1-car garage add to the charm. Just one block from the lake and river, you'll enjoy…

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1090 N Elma Ave, Elgin, IL

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$ CLICK FOR CURRENT PRICE 4 BEDROOMS 4 BATHROOMS 0.18 acres Lot

This stunning home in Cobblers Crossing has been beautifully updated and offers 4 bedrooms, 2 full baths, 2 half baths, a full finished basement, and additional crawl space storage. The craftsmanship throughout the property is evident, with custom tilework enhancing the entire home and updated floor-to-ceiling windows and skylights providing an abundance of natural light. The main living areas boast hardwood flooring that flows seamlessly from the kitchen into the family room. The kitchen has…

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The real estate market in Elgin, Illinois, has been bustling with activity this fall, and it’s the perfect time to take advantage of these dynamic conditions. Whether you're a buyer on the hunt for your dream home or a seller looking to cash in on a high-demand market, September 2024 is proving to be an exciting month. Let’s dive into the key metrics and trends driving Elgin’s market right now!

Inventory Levels in Elgin: Act Fast Before Homes Disappear

One of the most critical factors shaping the real estate landscape in Elgin is the current inventory level. As of September 2024, there’s a 1.57-month supply of homes on the market. But what does this mean for buyers and sellers alike?

Months Supply of Housing Inventory in Elgin IL for September 2024

In real estate, a balanced market typically has a…

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Thinking about buying or selling a home in Elgin?
Curious about the latest real estate trends?
Wondering if now’s the right time to make your move?

Hi, I’m Kris with The Kombrink Team at One Source Realty, your local REALTOR® team here in Elgin, Illinois.
Today, I’m breaking down the latest market update for August 2024, so you know exactly what’s happening in our area.

Let’s get into the numbers.

Elgin Market Breakdown: What You Need to Know

1.44 Months Supply of Inventory

Right now, Elgin has a 1.44 Months Supply of Inventory.
What does that mean?
If no new homes hit the market, we’d sell everything currently listed in just over a month and a half.

Months Supply of Inventory in Elgin IL for August 2024

This is a pretty tight market.
It’s competitive out there, and both buyers and…

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