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Kane County Reporter

Wednesday, November 27, 2024

Algonquin (Kane County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Algonquin in Kane County fell by $23,000 while total sales decreased by 13.3%, according to BlockShopper.com.

In June 2019, there were 13 homes sold, with a median sale price of $259,000 - a 8.2% decrease over the $282,000 median sale price for the same period of the previous year. There were 15 homes sold in Algonquin in June 2018.

The median sales tax in Algonquin for the most recent year with available data, 2017, was $7,234, approximately 2.8% of the median home sale price for June 2019.

The following table compares Algonquin to other Kane County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Prestbury56-16.7%$270,000$298,750-9.6%
Marywood110%$265,000$265,0000%
North Aurora2639-33.3%$263,500$269,000-2%
Big Rock24-50%$262,500$235,75011.3%
South Elgin4042-4.8%$260,500$278,250-6.4%
Algonquin1315-13.3%$259,000$282,000-8.2%
Sleepy Hollow48-50%$256,750$280,000-8.3%
Sugar Grove2134-38.2%$255,000$270,000-5.6%
Hampshire1525-40%$255,000$238,0007.1%
Almora Heights10-$255,000$0-
Huntley251931.6%$248,500$269,000-7.6%
* This story only considers sales data for the part of Algonquin that is in Kane County.

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