Algonquin, IL
Housing market overview · Updated weekly
$400,000median sale price
Homes sold
21
Last 12 weeks
Days on market
78
Average pace
Active listings
106
5.0 months supply
Sale-to-list
99.4%
Below asking
The Algonquin housing market is currently classified as a leaning buyer's with a median sale price of $400,000. Prices have fallen 13.0% compared to last year, with homes spending an average of 78 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Algonquin
There are currently 106 homes listed for sale in Algonquin, Illinois. The median listing price is $426K.
Active listings
106
Homes on market
Median list price
$426K
Avg. days on market
78
Days until sale
New this week
41
Newly listed
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Frequently asked questions
What is the average home price in Algonquin?
The median home sale price in Algonquin is $400,000, down 13.0% from last year.
How long do homes stay on market in Algonquin?
Homes typically spend 78 days on market before going under contract.
Is Algonquin a buyer's or seller's market?
With 5.0 months of supply, Algonquin is currently a leaning buyer's.
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