- Median home price
- $280,000
Not published here yet: the county FHA limit, the conforming limit and the effective property tax rate. We would rather leave a number off the page than print one we cannot source.
Mortgage loans in Elgin, IL
- Fox River location.
- Among the lower median price points in the Chicago metro.
Down payment assistance is live at this price point, but most DPA programs carry a repayment or recapture condition that changes the real cost of the loan. Read the second lien, not just the first.
Part of the city extends into Cook County.
Programs commonly used in Elgin
This is what tends to fit the price point and property type here, not a list of everything that exists. Which one is right for you depends on your file.
Have an offer on a property in Elgin?
Send the Loan Estimate. You will get back what is worth questioning on it — including “nothing, this is a good offer,” when that is the answer.
Source. bankpricer.com production page copy (origin/main) — "median homes around $280,000" · Retrieved 2026-07-29.