From January through March of 2018, there were 19 homes sold, with a median sale price of $271,500 - a 42.9% increase over the $190,050 median sale price for the same period of the previous year. There were 27 homes sold in Algonquin in the first quarter of 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 the first quarter of 2018.
The following table compares Algonquin to other Kane County cities with similar median sales prices in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rainbow Hills | 1 | 6 | -83.3% | $310,000 | $326,110.50 | -4.9% |
| Geneva | 93 | 97 | -4.1% | $307,500 | $314,900 | -2.3% |
| Batavia | 71 | 83 | -14.5% | $297,000 | $280,000 | 6.1% |
| St. Charles | 101 | 96 | 5.2% | $275,000 | $263,750 | 4.3% |
| Lily Lake | 6 | 6 | 0% | $274,000 | $278,450 | -1.6% |
| Algonquin | 19 | 27 | -29.6% | $271,500 | $190,050 | 42.9% |
| Elburn | 28 | 21 | 33.3% | $266,500 | $195,000 | 36.7% |
| Prestbury | 7 | 9 | -22.2% | $266,500 | $249,009 | 7% |
| North Aurora | 59 | 52 | 13.5% | $250,000 | $214,500 | 16.6% |
| Sugar Grove | 28 | 31 | -9.7% | $247,500 | $284,000 | -12.9% |
| Sleepy Hollow | 10 | 13 | -23.1% | $242,000 | $250,000 | -3.2% |
Alerts Sign-up