$9,900
- 5 bd
- 3 ba
- 2,050 sqft
535 Ashland Ave
Southwest Elgin, IL Housing Market
$279,655
3.9% 1-yrThe average Southwest Elgin, IL home value is $279,655, up 3.9% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Southwest Elgin Key Takeaways
Typical Home Values: $279,655
1-Year Value Change: +3.9%
(Data through August 31, 2026)
Southwest Elgin Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 7 ()
New Listings: --
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: --
Percent of Sales Over List Price: --
Percent of Sales Under List Price: --
Median Days to Pending: --
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Near West Elgin$272,789
- Downtown Elgin$283,830
- Gifford Park$286,625
- Grant Park$297,416
- Summit Park$275,681
- Lords Park$306,695
- College Park$282,506
- Northeastern Elgin$299,175
- College Green$300,410
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Southwest Elgin Rental Market Trends
Average Rent: --
National Average Rent: $1,948 ()
Month-Over-Month Change: --
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Elgin, IL?
The neighborhoods with the highest median home values in Elgin, IL include: North Country Knolls ($409,816), Valley Creek ($365,383), Eagle Heights ($358,712), Century Oaks ($354,519), Cobblers Crossing ($333,074).
What are the most affordable neighborhoods in Elgin, IL?
The neighborhoods with the lowest median home values in Elgin, IL include: Near West Elgin ($272,789), Summit Park ($275,681), Southwest Elgin ($279,655), Southeast Elgin ($280,194), College Park ($282,506).
Which Elgin, IL neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Elgin, IL include: Downtown Elgin (11.9%), Gifford Park (8.5%), College Park (7.0%), Century Oaks (6.4%), Summit Park (6.3%).
