Home prices
The median home in South Elgin costs $235,500. This is roughly $107,420 (31%) lower compared to nearby areas.It is about $18,000 (8%) higher in comparison to the entire nation, and in comparison to the city of Chicago is approximately $22,500 (8%) lower.
Rents
The median rent in South Elgin is $1,415 a month. In comparison to other places in this area it is approximately $593 (29%) lower.It is roughly $353 (33%) higher compared to the nation as a whole, and is approximately $303 (27%) higher in comparison to the city of Chicago.
Nearby places
Elgin
Elgin is South Elgin's neighbor to the north. Real estate prices there are somewhat less expensive. The median home in Elgin costs $186,000, which comes out to $49,500 (26%) lower than South Elgin. The rent there is substantially less expensive. Elgin's median rent is $1,069 a month, which works out to $346 (32%) lower than South Elgin.
Bartlett
Bartlett is South Elgin's neighbor to the east. Housing prices there are somewhat more expensive. The median home in Bartlett is valued at $279,200, which works out to $43,700 (15%) higher than South Elgin. The rent there is somewhat more expensive. The median monthly rent in Bartlett is $1,570, which works out to $155 (9%) higher than South Elgin.
Wayne
Wayne is about 3 miles southeast of South Elgin. Housing prices there are a lot more expensive. The median home in Wayne costs $530,100, which is $294,600 (55%) higher than South Elgin. Its rents are substantially more expensive. The median monthly rent in Wayne is $3,500, which works out to $2,085 (59%) higher than South Elgin.
St. Charles
St. Charles is roughly 4 miles south of South Elgin. The housing prices there are a bit more expensive. The median home in St. Charles costs $293,300, which works out to $57,800 (19%) higher than South Elgin. Rents there are a bit less expensive. The median rent in St. Charles is $1,288 per month, which comes out to $127 (9%) lower than South Elgin.
Campton Hills
Campton Hills is roughly 5 miles southwest of South Elgin. Its real estate prices are significantly more expensive. The median home in Campton Hills is valued at $426,000, which comes out to $190,500 (44%) higher than South Elgin. Rents there are substantially more expensive. In Campton Hills the median monthly rent is $2,615, which works out to $1,200 (45%) higher than South Elgin.
