How Competitive is the Elgin, IL Housing Market?

Elgin, a city near Chicago, IL, is a highly competitive housing market. About 49% of homes sold above list price in the 3 months ending June 2026, with homes selling at 101% of asking on average. The National Picture Nationally, 24.6% of homes sold above asking in June 2026, and the typical home spe

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Cook County, IL Housing Market Update: June 2026

Key Takeaways Cook County crossed a milestone in June: more than half of homes sold above their asking price for the first time since mid-2022, while national above-list rates remained near historic lows. The median sale price reached $398,875, up 6% year over year—triple the national rate of price

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