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South Elgin among areas where home prices have dropped the most since 2024, new research shows

Summary by WGN 9
(NewsNation) — Across the nation, 10 ZIP codes have seen noticeable drops in home prices since 2024, with costs dropping by up to 25%, according to new research from Realtor.com. Notably, the 12-month tumble in listing prices was not confined to one region or state. The reasons behind the dropoffs are varied, according to Hannah Jones, a senior economic research analyst. In the report, Jones said these locales' housing markets are likely already…

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PHL17 broke the news in on Sunday, April 20, 2025.
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