In September 2017, there were 11 homes sold, with a median sale price of $283,000 - a 46.1% increase over the $193,645.50 median sale price for the same period of the previous year. There were 18 homes sold in Algonquin in September 2016.
The median sales tax in Algonquin for 2017 was $7,233.54. In 2016, the median sales tax was $7,228.60. This marks an increase of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.
The following table compares Algonquin to other Kane County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Tanner Woods | 1 | 1 | 0% | $410,000 | $355,000 | 15.5% |
| Fox River Estates | 1 | 1 | 0% | $332,000 | $200,000 | 66% |
| Sleepy Hollow | 3 | 5 | -40% | $324,000 | $270,000 | 20% |
| Rainbow Hills | 2 | 0 | - | $318,250 | $0 | - |
| Geneva | 62 | 36 | 72.2% | $303,000 | $321,250 | -5.7% |
| Algonquin | 11 | 18 | -38.9% | $283,000 | $193,645.50 | 46.1% |
| St. Charles | 43 | 38 | 13.2% | $280,000 | $260,625 | 7.4% |
| Batavia | 40 | 23 | 73.9% | $274,000 | $225,000 | 21.8% |
| Bowes | 2 | 0 | - | $253,500 | $0 | - |
| North Aurora | 26 | 25 | 4% | $241,000 | $218,000 | 10.6% |
| Prestbury | 3 | 6 | -50% | $239,900 | $283,250 | -15.3% |
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