The Merrill Algonquin Hills housing market is somewhat competitive. The median sale price of a home in Merrill Algonquin Hills was $267K last month, up 19.0% since last year.
What is the housing market like in Merrill Algonquin Hills today?
In October 2024, Merrill Algonquin Hills home prices were up 19.0% compared to last year, selling for a median price of $267K. On average, homes in Merrill Algonquin Hills sell after 44 days on the market compared to 24 days last year. There were 2 homes sold in October this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$266,500
+19.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Merrill Algonquin Hills, IL
$266,500
+19.0%
United States
To compare other locations to the Merrill Algonquin Hills 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 Merrill Algonquin Hills housing market?
Merrill Algonquin Hills is somewhat competitive. Homes sell in 57 days.
0
100
36
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 57 days.
Hot homes
can sell for about 1% above list price and go pending in around 20 days.
Learn about schools in the Merrill Algonquin Hills area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Merrill Algonquin Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Merrill Algonquin Hills.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Merrill Algonquin Hills has a minor risk of flooding. 112 properties in Merrill Algonquin Hills are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Merrill Algonquin Hills. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Merrill Algonquin Hills has a moderate risk of wildfire. There are 4 properties in Merrill Algonquin Hills that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Merrill Algonquin Hills.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Merrill Algonquin Hills has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Merrill Algonquin Hills is most at risk from hurricanes. 731 properties in Merrill Algonquin Hills have some risk of being in a severe wind event within the next 30 years.
87% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Merrill Algonquin Hills has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 87% of homes in Merrill Algonquin Hills have a Minor Heat Factor®.
Merrill Algonquin Hills is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Merrill Algonquin Hills is expected to experience 8