From January through June of 2021, there were 78 homes sold, with a median sale price of $261,100 - a 6.9% increase over the $244,200 median sale price for the same period of the previous year. There were 51 homes sold in Algonquin in the first half of 2020.
The median sales tax in Algonquin for the most recent year with available data, 2019, was $7,573, approximately 2.9% of the median home sale price for the first half of 2021.
The following table compares Algonquin to other Kane County cities with similar median sale prices in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fox River Estates | 3 | 3 | 0% | $273,500 | $160,000 | 70.9% |
| South Elgin | 185 | 108 | 71.3% | $271,000 | $251,250 | 7.9% |
| Big Rock | 18 | 7 | 157.1% | $268,725 | $239,900 | 12% |
| Gilberts | 95 | 53 | 79.2% | $267,500 | $220,500 | 21.3% |
| Huntley | 133 | 59 | 125.4% | $267,000 | $246,000 | 8.5% |
| Algonquin | 78 | 51 | 52.9% | $261,100 | $244,200 | 6.9% |
| Maple Park | 10 | 5 | 100% | $254,000 | $259,900 | -2.3% |
| Almora Heights | 6 | 2 | 200% | $247,500 | $295,000 | -16.1% |
| Elgin | 743 | 510 | 45.7% | $222,000 | $197,000 | 12.7% |
| Montgomery | 83 | 53 | 56.6% | $218,000 | $192,000 | 13.5% |
| Kaneville | 5 | 4 | 25% | $215,000 | $258,000 | -16.7% |
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