Elgin, IL 60121 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Elgin, IL — 60121
Median Listing Price
--
Population
--
Households
184,706
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
191K
units
Occupied
184,706
96.7%
Vacant
6,215
3.3%
2024 Tenure
185K
occupied
Owner
140,301
76.0%
Renter
44,405
24.0%
Renter Share
24.0%
-0.9% YoY
Total Housing Units
190,921
+0.5% YoY
FY2026 Fair Market Rent — Kane County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,480
/month
1 BR
$1,581
/month
2 BR
$1,781
/month
3 BR
$2,294
/month
4 BR
$2,653
/month
FMR Trends — Kane County
Source: HUD Fair Market Rents
County Demographics
Median Age
38.8
2024
Population
Kane County Population
520,997
+0.7% YoY
Households
Total Households
184,706
+0.8% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.77
-0.7% YoY
Age
2024 Age Mix
517K
residents
Under 18
123,564
23.9%
Adults 18–64
313,300
60.6%
65 & Over
80,391
15.5%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
123,564
-1.8% YoY
Population 65 & Over
80,391
+3.9% YoY
Median Age
38.80
+0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
90.1%
Moved (within US)
9.6%
Other
0.3%
Veterans
4.3%
-6.5% YoY
County Economy
Income
Median Household Income
$103K
+2.5% YoY
Per-Capita Income
$47K
+3.2% YoY
Mean Household Income
$132K
+2.6% YoY
Poverty
Below Poverty Level
7.9%
-4.8% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
70.7%
Public transit
1.6%
Worked from home
15.9%
Other
11.8%
Worked From Home
15.9%
+10.4% YoY
Mean Commute
27.80
-1.8% YoY
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