Median home prices in Algonquin (Kane County) fell to $214,950 in January 2021

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The median sale price of a home sold in January 2021 in Algonquin in Kane County fell by $52,550 while total sales increased by 20%, according to BlockShopper.com.

In January 2021, there were 12 homes sold, with a median sale price of $214,950 - a 19.6% decrease over the $267,500 median sale price for the same period of the previous year. There were 10 homes sold in Algonquin in January 2020.

The median sales tax in Algonquin for the most recent year with available data, 2019, was $7,573, approximately 3.5% of the median home sale price for January 2021.

The following table compares Algonquin to other Kane County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
East Dundee71600%$241,000$180,00033.9%
Kaneville20-$240,500$0-
North Aurora322152.4%$237,450$225,0005.5%
Montgomery9650%$235,000$154,00052.6%
Elgin14510045%$225,000$185,00021.6%
Marywood10-$225,000$0-
Algonquin121020%$214,950$267,500-19.6%
Pingree Grove221369.2%$191,750$196,500-2.4%
Burlington52150%$181,000$88,000105.7%
Aurora14911134.2%$180,000$165,0009.1%
Carpentersville473342.4%$175,500$175,0000.3%
* This story only considers sales data for the part of Algonquin that is in Kane County.

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