MARKET REPORT

Elgin, IL

Short-term forecastUnderperform

Elgin, IL housing market returns are forecasted to underperform the national market in the short term. The market ranks 247 among 402 US metro housing markets.

Currently, the market is outperforming the national market. With a short-term negative outlook, market performance is anticipated to slip. From one year ago, the market ranking has deteriorated by 13 points. One year ago, the market was underperforming the national market and was anticipated to improve.

MARKET RANK
Sep 2018 Sep 2017
247 / 402 234 / 402
SITUATION
Sep 2018 Sep 2017
Outperforming Underperforming
OUTLOOK
Sep 2018 Sep 2017
Negative Positive

MARKET DEMOGRAPHICS