$2,439,999
Community
Rural Central Elgin Real Estate
Central Elgin, Elgin
49Active
167Sold
18Leased
1Buildings
Rural Central Elgin Market
Updated Aug 22, 2026
Condos
Median sale price
$410K
Median PSF (est.)▼ 37.4%
$273/sqft
Sold last 90 days
1
Active listings
1
Months of inventory
–
Avg days on market
17
Sale-to-list ratio
95.64%
Absorption rate
0.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2025-07: 33.3% (3 listings) · avg $40,000
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $273 — -14.49% vs municipality avg ($320)[discount]
Supply vs demand by unit type (90d)
Sample: 1 active listings · 1 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 0 active / 1 sold · mismatch -100.00%
3br: 1 active / 0 sold · mismatch +100.00%
Concession pattern by unit type (90d)
2br (11 sales) — 100.00% closed with concessions, avg 4.38% below ask
Seasonality (annual pattern)
Historically strongest months: Jun, Oct, Jul
Historically weakest months: Aug, Dec, Apr
Annual averages: DOM 66.8d · sale-to-list 95.64% (n=15)
Monthly detail
Jan · 2 sales · DOM 67.5d · STL 90.85%
Mar · 1 sales · DOM 80.0d · STL 98.59%
Apr · 1 sales · DOM 128.0d · STL 97.02%
Jun · 3 sales · DOM 21.3d · STL 94.99%
Jul · 3 sales · DOM 57.7d · STL 97.68%
Aug · 1 sales · DOM 85.0d · STL 97.97%
Sep · 1 sales · DOM 83.0d · STL 99.06%
Oct · 1 sales · DOM 25.0d · STL 91.83%
Dec · 2 sales · DOM 114.5d · STL 95.20%
Homes
Median sale price
$647K
Median PSF (est.)▲ 47.7%
$442/sqft
Price trend
Sold last 90 days
27
Active listings
36
Months of inventory
7.2
Avg days on market
82
Sale-to-list ratio
97.12%
Absorption rate
13.9%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 10.00% · End-user: 90.00% (from 27 sales, 3 leases)
Price reductions (90d)
Price-reduction rate: 44.44%
Avg reduction: $73,335 (8.40%)
Monthly reduction trend
2024-09: 0.0% (8 listings)
2024-10: 0.0% (6 listings)
2024-11: 33.3% (9 listings) · avg $60,333
2024-12: 40.0% (10 listings) · avg $49,625
2025-01: 20.0% (5 listings) · avg $45,000
2026-01: 25.0% (4 listings) · avg $449,910
2026-02: 42.9% (7 listings) · avg $43,033
2026-05: 37.5% (8 listings) · avg $39,000
2026-06: 43.8% (16 listings) · avg $83,013
2026-07: 40.0% (5 listings) · avg $49,044
2026-08: 50.0% (4 listings) · avg $71,923
Re-entries (past 12 months)
Re-entries: 1 of 96 sold · rate 1.04%
Avg price change: +$0 (+0.00%)
Median PSF (est.) vs parent area
Median PSF: $442 — -5.84% vs municipality avg ($470)[discount]
Seasonality (annual pattern)
Historically strongest months: Sep, Oct, Aug
Historically weakest months: Apr, Jul, Mar
Annual averages: DOM 69.5d · sale-to-list 97.12% (n=96)
Monthly detail
Jan · 9 sales · DOM 78.7d · STL 95.17%
Feb · 8 sales · DOM 92.8d · STL 95.08%
Mar · 2 sales · DOM 135.0d · STL 98.07%
Apr · 3 sales · DOM 94.7d · STL 93.23%
May · 9 sales · DOM 66.4d · STL 98.44%
Jun · 18 sales · DOM 77.9d · STL 97.95%
Jul · 5 sales · DOM 121.0d · STL 97.23%
Aug · 6 sales · DOM 48.2d · STL 96.79%
Sep · 8 sales · DOM 27.1d · STL 97.22%
Oct · 6 sales · DOM 36.3d · STL 99.75%
Nov · 11 sales · DOM 53.3d · STL 97.49%
Dec · 11 sales · DOM 68.5d · STL 96.90%
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About Rural Central Elgin Real Estate
Explore 49 active listings in Rural Central Elgin, located in Central Elgin. Browse 1 condo building, compare 47 properties for sale and 2 for lease, and find your next home with detailed market data and price estimates.
Rural Central Elgin has seen 185 completed transactions recently, with 167 sold and 18 leased properties providing rich comparable data for accurate valuations.























