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Kane County Reporter

Wednesday, November 27, 2024

Algonquin (Kane County) home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Algonquin in Kane County fell by $6,500 while total sales increased by 100%, according to BlockShopper.com.

In July 2018, there were 26 homes sold, with a median sale price of $267,500 - a 2.4% decrease over the $274,000 median sale price for the same period of the previous year. There were 13 homes sold in Algonquin in July 2017.

The median sales tax in Algonquin for the most recent year with available data, 2017, was $7,233.50, approximately 2.7% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Batavia534129.3%$299,000$291,0002.7%
Big Rock16-83.3%$290,000$219,00032.4%
South Elgin4043-7%$290,000$225,00028.9%
Elburn15150%$284,000$265,0007.2%
Rainbow Hills10-$279,500$0-
Algonquin2613100%$267,500$274,000-2.4%
North Aurora33323.1%$263,000$265,000-0.8%
St. Charles65650%$259,000$308,500-16%
Sugar Grove1928-32.1%$249,000$252,500-1.4%
West Dundee1114-21.4%$245,000$234,9004.3%
Hampshire1618-11.1%$244,500$265,000-7.7%
* This story only considers sales data for the part of Algonquin that is in Kane County.

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