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ElginHousing market
Elgin
Elgin

Elgin Housing Market Report

Balanced Market

All types - for the month of April

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

46

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

534

New

282(-25.98% YoY)

Relisted

8(+33.33% YoY)

Compared to number of active, same period, in 2024: 603, in 2023: 303, in 2022: 162

Total Sold Listings*

124

Median Sold Price

$599,388

Avg Days on Market

46 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 162, in 2023: 188, in 2022: 226

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Elgin - All types

Sold vs Active vs New vs Relisted - Elgin - All types

Sold Price Distribution - Elgin - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Elgin - All types

Property type distribution based on data from the last 3 months.

Median Price - Elgin - All types

Just sold - Elgin

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Top 5 Schools in Elgin

Mitchell Hepburn Public School95 Raven Avenue, N5R 0C2, St Thomas, ON
6.3/10
PublicJK-8
South Dorchester Public School48614 Crossley Hunter Line, N0L 1B0, Belmont, ON
6.2/10
PublicJK-6
Summers' Corners Public School50576 Talbot Street, N5H 2R1, Aylmer, ON
6.1/10
PublicJK-8
Southwold Public School39261 Fingal Line, N5P 3S5, St Thomas, ON
6/10
PublicJK-8
Assumption Separate School42 South St E, N5H 1P6, Aylmer, ON
5.9/10
PublicJK-8