Algonquin (McHenry County) home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Algonquin in McHenry County rose by $43,500 while total sales increased by 25%, according to

In October 2020, there were 50 homes sold, with a median sale price of $273,500 - a 18.9% increase over the $230,000 median sale price for the same period of the previous year. There were 40 homes sold in Algonquin in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Fox River Grove57-28.6%$272,000$185,00047%
Oakwood Hills11757.1%$246,000$241,0002.1%
Lake in the Hills694650%$232,000$236,500-1.9%
Crystal Lake756515.4%$225,000$215,5004.4%
* This story only considers sales data for the part of Algonquin that is in McHenry County.

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