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Kane County Reporter

Monday, November 25, 2024

Algonquin (Kane County) home prices fall in July 2019

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The median sale price of a home sold in July 2019 in Algonquin in Kane County fell by $42,500 while total sales decreased by 34.6%, according to BlockShopper.com.

In July 2019, there were 17 homes sold, with a median sale price of $225,000 - a 15.9% decrease over the $267,500 median sale price for the same period of the previous year. There were 26 homes sold in Algonquin in July 2018.

The median sales tax in Algonquin for the most recent year with available data, 2018, was $7,523, approximately 3.3% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Pingree Grove24234.3%$260,500$193,00035%
Lily Lake330%$250,000$510,000-51%
North Aurora36339.1%$247,500$263,000-5.9%
Big Rock31200%$243,820$290,000-15.9%
Huntley261752.9%$227,450$237,000-4%
Algonquin1726-34.6%$225,000$267,500-15.9%
Elgin15911933.6%$225,000$190,00018.4%
Montgomery1014-28.6%$221,300$215,5002.7%
Novak Park10-$190,000$0-
Carpentersville3854-29.6%$184,000$157,75016.6%
Aurora139143-2.8%$175,000$160,0009.4%
* This story only considers sales data for the part of Algonquin that is in Kane County.

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