Algonquin, IL Home Values & Market Trends
Real estate market trends reflect that there have been 459 transactions over the past year in Algonquin. The median value for residential home transactions that occurred over the previous year is $357,515.46. The number of current listings in Algonquin is 7, and the percentage of properties for sale in the city is 7.00%. Algonquin, IL currently has 57 properties in foreclosure, 2 bank owned properties, 12 properties headed for auction, and 7 properties for sale.
Algonquin, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60102 | $ 407,264 $ 168/sqft |
Housing Market Summary for Algonquin, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $362.4K | $349.9K | -3.46% |
Median Sold Price | $341.2K | $349.9K | 2.56% |
Homes For Sale | 16 | 7 | -56.25% |
Homes Sold | 346 | 288 | -16.76% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Algonquin, IL
Browse Homes in Algonquin, IL
Algonquin home values range from $28,794 to $1,170,188. The median estimated value of a home in Algonquin is $357,515.46. The median list price of a home is 355,000, and the total count of properties in the city is 11,504.
- Pre-ForeclosurePre-foreclosure homes account for 0.37% of all residential properties in Algonquin, IL with 60102 containing 43 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Algonquin, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $676,382 in 60102 to the lowest home value of $217,332 in 60102.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Algonquin, IL ranges from the highest value of $422,438 in 60102 to the lowest value of $325,515 in 60102. Bank owned homes and properties account for 0.02% of properties in Algonquin, IL. There is 1 zips within Algonquin, IL; 60102 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60102 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Algonquin, IL. Auction homes and other auction properties account for 0.10% of all properties in Algonquin, IL. There is 1 zips within Algonquin, IL; of that zips, the median estimated home value for homes going to auction ranges from $511,192 in 60102 to the lowest value of $224,763 in 60102.
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