Elgin Real Estate Market
Elgin is currently a balanced market with 5.0 months of inventory.
- ActiveCurrent active residential listings.
- 633
- Sold (12 mo)Sold residential listings, trailing 12 months.
- 1,344
- Median PriceMedian sold price, trailing 6 months.
- $560K
- Avg DOMAverage days on market (sold, 6 months).
- 52 days
- SP/LPMean sale-to-list ratio (6 months).
- 97.5%
- MOIMonths of inventory (3-month basis).
- 5.0 months
Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · median 12-month basis
Municipalities in Elgin
| City | Region | Active | Sold | Median | Avg DOM | SP/LP | MOI | Regime | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Southwold | Elgin | 56 | 60 | $765K | 64 days | 95.9% | 14.1 months | Buyer's Market | |
| Malahide | Elgin | 51 | 85 | $685K | 37 days | 97.4% | 5.7 months | Balanced Market | |
| Central Elgin | Elgin | 117 | 202 | $635K | 50 days | 96.9% | 5.5 months | Balanced Market | |
| Bayham | Elgin | 59 | 98 | $570K | 71 days | 96.9% | 5.9 months | Balanced Market | |
| St. Thomas | Elgin | 218 | 660 | $540K | 51 days | 98.2% | 3.6 months | Seller's Market | |
| Aylmer | Elgin | 39 | 134 | $515K | 61 days | 97.2% | 4.3 months | Balanced Market | |
| Dutton/Dunwich | Elgin | 37 | 43 | $513K | 45 days | 95.8% | 10.6 months | Buyer's Market | |
| West Elgin | Elgin | 56 | 62 | $450K | 42 days | 96.1% | 6.7 months | Buyer's Market |