Algonquin (McHenry County) home prices rise in September 2020

Medium realestate4

The median sale price of a home sold in September 2020 in Algonquin in McHenry County rose by $32,000 while total sales increased by 19.5%, according to BlockShopper.com.

In September 2020, there were 49 homes sold, with a median sale price of $274,000 - a 13.2% increase over the $242,000 median sale price for the same period of the previous year. There were 41 homes sold in Algonquin in September 2019.

The median sales tax in Algonquin for the most recent year with available data, 2019, was $6,676, approximately 2.4% of the median home sale price for September 2020.

The following table compares Algonquin to other McHenry County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Lakewood7616.7%$365,000$287,50027%
Ringwood110%$345,000$350,000-1.4%
Spring Grove113266.7%$330,000$305,0008.2%
Bull Valley41300%$325,000$187,00073.8%
Port Barrington3250%$286,000$261,5009.4%
Algonquin494119.5%$274,000$242,00013.2%
Richmond42100%$270,000$299,500-9.8%
Cary25250%$260,000$220,00018.2%
Fox River Grove81700%$257,500$400,000-35.6%
Huntley41395.1%$257,500$250,0003%
Lake in the Hills645028%$251,000$214,50017%
* This story only considers sales data for the part of Algonquin that is in McHenry County.

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