Algonquin (Kane County) home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Algonquin in Kane County rose by $46,000 while total sales increased by 6.3%, according to

From July through September of 2020, there were 51 homes sold, with a median sale price of $295,000 - a 18.5% increase over the $249,000 median sale price for the same period of the previous year. There were 48 homes sold in Algonquin in the third quarter of 2019.

The median sales tax in Algonquin for the most recent year with available data, 2019, was $7,573, approximately 2.6% of the median home sale price for the third quarter of 2020.

The following table compares Algonquin to other Kane County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
West Dundee362356.5%$314,750$235,00033.9%
St. Charles148166-10.8%$308,000$282,5009%
Sugar Grove5266-21.2%$297,750$265,50012.1%
Five Island Park220%$293,500$199,25047.3%
Sleepy Hollow1519-21.1%$288,000$277,8003.7%
* This story only considers sales data for the part of Algonquin that is in Kane County.

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