From April through June of 2019, there were 41 homes sold, with a median sale price of $245,000 - a 4.9% increase over the $233,450 median sale price for the same period of the previous year. There were 38 homes sold in Algonquin in the second quarter of 2018.
The median sales tax in Algonquin for the most recent year with available data, 2017, was $7,234, approximately 3% of the median home sale price for the second quarter of 2019.
The following table compares Algonquin to other Kane County cities with similar median sales prices in the second quarter of 2019:
City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Almora Heights | 2 | 0 | - | $252,500 | $0 | - |
Hampshire | 40 | 55 | -27.3% | $250,300 | $257,000 | -2.6% |
South Elgin | 96 | 100 | -4% | $249,950 | $255,750 | -2.3% |
Marywood | 2 | 3 | -33.3% | $247,500 | $215,000 | 15.1% |
North Aurora | 80 | 90 | -11.1% | $245,500 | $262,658.50 | -6.5% |
Algonquin | 41 | 38 | 7.9% | $245,000 | $233,450 | 4.9% |
Fox River Estates | 1 | 2 | -50% | $245,000 | $184,000 | 33.2% |
Huntley | 54 | 61 | -11.5% | $238,000 | $245,000 | -2.9% |
Big Rock | 6 | 9 | -33.3% | $225,000 | $226,000 | -0.4% |
Maple Park | 7 | 6 | 16.7% | $223,000 | $243,700 | -8.5% |
East Dundee | 10 | 37 | -73% | $210,950 | $165,000 | 27.8% |