The Far West Algonquin housing market is somewhat competitive. Homes in Far West Algonquin receive 2 offers on average and sell in around 55 days. The median sale price of a home in Far West Algonquin was $508K last month, up 20.3% since last year. The median sale price per square foot in Far West Algonquin is $199, up 3.1% since last year.
What is the housing market like in Far West Algonquin today?
In October 2024, Far West Algonquin home prices were up 20.3% compared to last year, selling for a median price of $508K. On average, homes in Far West Algonquin sell after 55 days on the market compared to 47 days last year. There were 45 homes sold in October this year, up from 34 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$508,051
+20.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Far West Algonquin, IL
$508,051
+20.3%
United States
To compare other locations to the Far West Algonquin and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Algonquin add value to a home.
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How hot is the Far West Algonquin housing market?
Far West Algonquin is somewhat competitive. Homes sell in 55 days.
0
100
54
Somewhat Competitive
Redfin Compete Score™
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 55 days.
Hot homes
can sell for around list price and go pending in around 37 days.
Learn about schools in the Far West Algonquin area
Elementary
Middle
High
GreatSchools Rating
6/10
Conley Elementary School
Public • 3-5
600
Students
5 reviews
NR
MacKeben Elementary School
Public • K-2
518
Students
6 reviews
NR
Success Academy 4-5
Public • 4-5
26
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Far West Algonquin housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Far West Algonquin.
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Far West Algonquin has a moderate risk of flooding. 148 properties in Far West Algonquin are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Far West Algonquin. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Far West Algonquin has a moderate risk of wildfire. There are 67 properties in Far West Algonquin that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Far West Algonquin.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Far West Algonquin has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Far West Algonquin is most at risk from hurricanes. 3,017 properties in Far West Algonquin have some risk of being in a severe wind event within the next 30 years.
72% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Far West Algonquin has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 72% of homes in Far West Algonquin have a Minor Heat Factor®.
Far West Algonquin is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Far West Algonquin is expected to experience 8