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Featured local agent — Elsah, IL
Sarah Mitchell
Compass Real Estate · Elsah, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elsah, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$250,000median sale price
How is the Elsah, IL housing market right now?
The median home sale price in Elsah, IL is $250,000, down 27.5% year-over-year. Homes sell in an average of 4 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elsah a buyer's or seller's market?
Elsah, IL is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
4
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
107.3%
Above asking
What does the Elsah housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $250,000 |
| Year-over-year price change | -27.5% |
| Average days on market | 4 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 107.3% |
| Median price per sq ft | $163/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Elsah by property type?
How the Elsah, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $250,000 | $163/sq ft | 1 | 4 days |
Source: Redfin · Updated monthly
The Elsah housing market is currently classified as a strong seller's market with a median sale price of $250,000. Prices have fallen 27.5% compared to last year, with homes spending an average of 4 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Elsah
There are currently 1 homes listed for sale in Elsah, Illinois.
Active listings
1
Homes on market
Avg. days on market
4
Days until sale
Who lives in Elsah?
Population
655
Median income
$83,750/yr
Median age
20.6 years
Owner-occupied
80.9%
College grads
61.4%
Avg commute
10.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Elsah?
Zillow home value
$198,660
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Elsah?
Elsah is a community of approximately 1K residents with a median age of 20.6 years.The median household income is $83,750, which reflects a relatively affluent area with strong earning potential. 61.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 10.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elsah offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elsah, IL?
Want a head-to-head view? Compare Elsah side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elsah?
The median home sale price in Elsah is $250,000, down 27.5% from last year.
How long do homes stay on market in Elsah?
Homes typically spend 4 days on market before going under contract.
What is the median income in Elsah?
The median household income is $83,750 per year.
Is Elsah a buyer's or seller's market?
With 1.0 months of supply, Elsah is currently a strong seller's market.
What is the Zillow home value estimate for Elsah?
The Zillow Home Value Index (ZHVI) for Elsah is $198,660, representing the typical home value in the area.
How much does a single-family home cost in Elsah?
The median single-family home price in Elsah, IL is $250,000 (about $163 per square foot).
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