Algonquin (McHenry County) home prices rose in January 2021

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The median sale price of a home sold in January 2021 in Algonquin in McHenry County rose by $4,000 while total sales increased by 105.6%, according to

In January 2021, there were 37 homes sold, with a median sale price of $260,000 - a 1.6% increase over the $256,000 median sale price for the same period of the previous year. There were 18 homes sold in Algonquin in January 2020.

The median sales tax in Algonquin for the most recent year with available data, 2019, was $6,676, approximately 2.6% of the median home sale price for January 2021.

The following table compares Algonquin to other McHenry 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)
Haegers Bend10-$320,000$0-
Oakwood Hills71600%$267,000$100,000167%
Lake in the Hills492969%$263,000$190,00038.4%
Fox River Grove45-20%$250,000$155,00061.3%
Crystal Lake764568.9%$235,000$210,00011.9%
Silver Lake110%$210,000$150,00040%
* This story only considers sales data for the part of Algonquin that is in McHenry County.

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