Algonquin (McHenry 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 McHenry County rose by $17,000 while total sales increased by 3.5%, according to

From July through September of 2020, there were 148 homes sold, with a median sale price of $275,000 - a 6.6% increase over the $258,000 median sale price for the same period of the previous year. There were 143 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 $6,676, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Algonquin to other McHenry 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)
Prairie Grove1320-35%$367,500$327,50012.2%
Spring Grove282416.7%$343,500$297,50015.5%
Bull Valley125140%$325,000$372,000-12.6%
Port Barrington7475%$280,000$261,5007.1%
Lake in the Hills1621517.3%$259,500$219,00018.5%
Fox River Grove26248.3%$255,000$233,7509.1%
* This story only considers sales data for the part of Algonquin that is in McHenry County.

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