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Kane County Reporter

Tuesday, November 26, 2024

Algonquin (Kane County) home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Algonquin in Kane County rose by $40,000 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

In March 2018, there were eight homes sold, with a median sale price of $292,500 - a 15.8% increase over the $252,500 median sale price for the same period of the previous year. There were eight homes sold in Algonquin in March 2017, as well.

The median sales tax in Algonquin for the most recent year with available data, 2017, was $7,233.50, approximately 2.5% of the median home sale price for March 2018.

The following table compares Algonquin to other Kane County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Wayne110%$703,050$451,00055.9%
Campton Hills258212.5%$370,000$393,500-6%
Tanner Woods23-33.3%$332,000$356,500-6.9%
Batavia2527-7.4%$297,000$300,000-1%
Algonquin880%$292,500$252,50015.8%
Lily Lake4333.3%$274,000$231,90018.2%
Geneva3543-18.6%$271,000$327,500-17.3%
St. Charles3845-15.6%$270,500$281,500-3.9%
Elburn136116.7%$263,000$208,49226.1%
West Dundee141127.3%$260,830$260,0000.3%
Sugar Grove13862.5%$246,000$277,000-11.2%
* This story only considers sales data for the part of Algonquin that is in Kane County.

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