Algonquin, IL Housing Market
The Algonquin housing market is somewhat competitive. Homes in Algonquin receive 5 offers on average and sell in around 48 days. The median sale price of a home in Algonquin was $374K last month, up 14.9% since last year. The median sale price per square foot in Algonquin is $181, up 9.0% since last year.
Algonquin Housing Market Trends
In April 2024, Algonquin home prices were up 14.9% compared to last year, selling for a median price of $374K. On average, homes in Algonquin sell after 48 days on the market compared to 45 days last year. There were 37 homes sold in April this year, up from 33 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Algonquin housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 47 days.
- Hot homescan sell for about 4% above list price and go pending in around 36 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 46 days.
- Hot homescan sell for about 4% above list price and go pending in around 33 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 59 days.
- Hot homescan sell for about 1% above list price and go pending in around 37 days.
Algonquin Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Algonquin from outside metros.
- New York homebuyers searched to move into Algonquin more than any other metro followed by St. Louis and San Francisco.
- 86% of Algonquin homebuyers searched to stay within the Algonquin metropolitan area.
- Cape Coral was the most popular destination among Algonquin homebuyers followed by Sarasota and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,615 | ||
2 | 679 | ||
3 | 530 | ||
4 | 508 | ||
5 | 358 | ||
6 | 341 | ||
7 | 193 | ||
8 | 169 | ||
9 | 47 | ||
10 | 44 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 2,144 | ||
2 | 1,398 | ||
3 | 1,220 | ||
4 | 1,203 | ||
5 | 1,200 | ||
6 | 1,122 | ||
7 | 859 | ||
8 | 781 | ||
9 | 774 | ||
10 | 685 |
Home offer insights for Algonquin
Recent offers
- Offer Not Accepted|4 Weeks Ago~$350K OfferSold for $350K4 bd | 2.5 ba | ~2,250 sqftOver List Price5%Days on Market20Competing Offers5Down Payment<10%
- Offer Not Accepted|10 Weeks Ago~$425K OfferSold for $450K3 bd | 3.5 ba | ~2,000 sqftOver List Price0%Days on Market63Competing Offers—OfferAll Cash
- Offer Not Accepted|12 Weeks Ago~$325K OfferSold for $325K2 bd | 2 ba | ~1,750 sqftOver List Price0%Days on Market20Competing Offers5Down Payment~20%
View houses in Algonquin that sold recently
Recently sold homes
- $319,000 Last Sold Price2 beds2.5 baths1,782 sq ft336 Emerald Ln, Algonquin, IL 60102List Price$325,000Sale to List2% under listDays on Market45 days336 Emerald Ln, Algonquin, IL 60102
- $551,801 Last Sold Price4 beds2.5 baths2,760 sq ft105 Ellis Rd, Algonquin, IL 60102List Price$551,801Sale to List0% over listDays on Market152 days105 Ellis Rd, Algonquin, IL 60102
- $447,000 Last Sold Price4 beds3.5 baths2,352 sq ft812 Twisted Oak Ct, Algonquin, IL 60102List Price$424,500Sale to List5% over listDays on Market40 days812 Twisted Oak Ct, Algonquin, IL 60102
- $531,300 Last Sold Price5 beds3.5 baths2,884 sq ft1681 Cambria Ln, Algonquin, IL 60102List Price$499,900Sale to List6% over listDays on Market31 days1681 Cambria Ln, Algonquin, IL 60102
- $604,900 Last Sold Price5 beds3 baths3,064 sq ft109 Ellis Rd, Algonquin, IL 60102List Price$609,900Sale to List1% under listDays on Market151 days109 Ellis Rd, Algonquin, IL 60102
- $239,900 Last Sold Price2 beds2.5 baths1,330 sq ft8 Stonegate Ct, Algonquin, IL 60102List Price$239,900Sale to List0% over listDays on Market53 days8 Stonegate Ct, Algonquin, IL 60102
- $350,000 Last Sold Price3 beds1.5 baths1,595 sq ft435 Somerset Ct, Algonquin, IL 60102List Price$349,999Sale to List0% over listDays on Market23 days435 Somerset Ct, Algonquin, IL 60102
- $346,500 Last Sold Price3 beds2.5 baths1,474 sq ft520 James Ct, Algonquin, IL 60102List Price$349,900Sale to List1% under listDays on Market43 days520 James Ct, Algonquin, IL 60102
See all recently sold homes in Algonquin.
See listings
Schools in Algonquin
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Kenneth E Neubert Elementary School Public • K-5 | 403 Students | 8 reviews |
9/10 Eastview Elementary School Public • PreK-5 | 389 Students | 2 reviews |
7/10 Lincoln Prairie Elementary School Public • PreK-5 | 419 Students | 5 reviews |
6/10 Indian Prairie Elementary School Public • K-5 | 486 Students | 7 reviews |
6/10 Conley Elementary School Public • 3-5 | 600 Students | 5 reviews |
Climate's impact on Algonquin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Algonquin.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Algonquin
Walk Score®
Bike Score®
More real estate resources for Algonquin
New Listings in Algonquin
Neighborhood Housing Markets
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Listings
Nearby City Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.