Housing market · ZIP 60123
Elgin, IL Home Prices & Forecast
Median value and 12-month outlook · as of April 2026
Median home value
$308,388
3-month+1.2%
6-month+2.8%
12-month+3.7%
Touse 12-month forecast
+3.4%
Projected median near $318,745 over the next 12 months
As of April 2026, the median home value in Elgin, IL (ZIP 60123) is $308,388. Prices are stable, up 3.7% over the past year. Touse's model projects a +3.4% change over the next 12 months, putting the median near $318,745.
Nearby areas in Kane
Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.