Housing Prices in Elgin, AZ

How much do homes in Elgin, AZ cost?

Median List Price

$1,525,000

$476/sqft

Based on all homes listed in February 2024.

Difference Since Last Month

-$875,000(-36.5%)

Key Takeaway

The list price of homes in Elgin has decreased by 36.5% since January.

Summary: The median home list price in Elgin was $1,525,000 in February 2024, down 36.5% from the previous month, and the median price per square foot was $476.

Median List Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $650K$650K
0.0%
3 $2.4M$2.4M
-2.0%
4 --
N/A
5+ --
N/A

Summary: Elgin housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Sonoita
+6.7%
Elgin
-36.5%

Housing Supply in Elgin, AZ

How many homes are available in Elgin, AZ?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
34+33.3%

Summary: The Elgin real estate market had 4 homes for sale in February 2024, a 33.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Elgin housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Elgin, AZ

How long does it take to sell a home in Elgin, AZ?

Average Listing Age

Jan 2024Feb 2024CHANGE
153 Days138 Days-9.6%

Summary: Homes in Elgin had an average listing age of 138 days in Feb 2024, down by 9.6% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Elgin, AZ

Nearby Markets to Elgin, AZ

What housing markets are near Elgin, AZ?