From January through June, there were 63 homes sold, with a median sale price of $300,000 - a 14.9 percent increase over the $261,100 median sale price for the same period of the previous year. There were 78 homes sold in Algonquin in the first half of 2021.
The median sales tax in Algonquin for the most recent year with available data, 2019, was $7,573, approximately 2.5 percent of the median home sale price for the first half of 2022.
The following table compares Algonquin to other Kane County cities with similar median sale prices in the first half of 2022:
| City | January - June 2022 Home Sales | January - June 2021 Home Sales | % change (Total Home Sales) | January - June 2022 Median Sales Price | January - June 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sugar Grove | 112 | 134 | -16.4 | $325,355 | $319,000 | 2 |
| Hampshire | 74 | 88 | -15.9 | $325,000 | $287,500 | 13 |
| Huntley | 87 | 133 | -34.6 | $320,000 | $267,000 | 19.9 |
| Gilberts | 76 | 95 | -20 | $308,000 | $267,500 | 15.1 |
| North Aurora | 127 | 148 | -14.2 | $307,000 | $280,500 | 9.4 |
| Algonquin | 63 | 78 | -19.2 | $300,000 | $261,100 | 14.9 |
| South Elgin | 151 | 185 | -18.4 | $295,000 | $271,000 | 8.9 |
| Marywood | 3 | 3 | 0 | $295,000 | $214,900 | 37.3 |
| Kaneville | 4 | 5 | -20 | $278,500 | $215,000 | 29.5 |
| Burlington | 6 | 6 | 0 | $276,000 | $180,000 | 53.3 |
| Fox River Estates | 1 | 3 | -66.7 | $268,500 | $273,500 | -1.8 |
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