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Algonquin, IL Real Estate & Property Data

Algonquin Real Estate Market Trends

Last Updated: December 10, 2023

Accurate and comprehensive real estate data is critical for insight into Algonquin, IL. ATTOM’s Algonquin real estate data is updated daily, and current market trends show that in Algonquin, IL a total of 508 residential properties have sold over the past year. With a median home price of $358,000 in Algonquin and a total of 7 foreclosures. Get detailed property data for Algonquin, IL instantly. ATTOM is your one-stop-shop for the Algonquin property reports and real estate data you need in Algonquin, IL.

Algonquin Real Estate Market Trends

Get property data for any address in Algonquin, IL or the country:

Total Residential Properties 11,480

Total Commercial Properties 494

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,117

Total 2023 Residential Sales (year-to-date) 374

% of Homes Seriously Underwater (Q4 2023) 0.62%

Total 2022 Residential Sales 598

% of Equity Rich Homes (Q4 2023) 46.65%

Effective 2022 Property Tax 1.98%

Total Foreclosure Filings (year-to-date) 65

Algonquin, IL Real Estate Overview

There were 508 residential properties sold in the past year in Algonquin, IL. The median home value in Algonquin, IL is $362,353. There are a total of 11,480 residential properties in the Algonquin.

Median Sales Price i

$358,000

(Oct 2023)

+0.8%

year-over-year

y-o-y

October '23 Oct '23 $358,000
September '23 Sep '23 $362,500
August '23 Aug '23 $400,000
July '23 Jul '23 $370,000
June '23 Jun '23 $373,750
May '23 May '23 $350,000
April '23 Apr '23 $330,000
March '23 Mar '23 $388,000
February '23 Feb '23 $332,000
January '23 Jan '23 $330,000
December '22 Dec '22 $420,500
November '22 Nov '22 $345,000

Median Down Payment i

$43,375

(Oct 2023)

-17.2%

year-over-year

y-o-y

October '23 Oct '23 $43,375
September '23 Sep '23 $40,800
August '23 Aug '23 $74,000
July '23 Jul '23 $80,000
June '23 Jun '23 $48,500
May '23 May '23 $48,750
April '23 Apr '23 $49,000
March '23 Mar '23 $68,450
February '23 Feb '23 $53,750
January '23 Jan '23 $49,600
December '22 Dec '22 $71,050
November '22 Nov '22 $42,994

Number of Homes Sold i

48

(Oct 2023)

-22.6%

year-over-year

y-o-y

October '23 Oct '23 48
September '23 Sep '23 39
August '23 Aug '23 38
July '23 Jul '23 39
June '23 Jun '23 47
May '23 May '23 46
April '23 Apr '23 30
March '23 Mar '23 32
February '23 Feb '23 24
January '23 Jan '23 31
December '22 Dec '22 28
November '22 Nov '22 44

Number of Purchase Loans i

42

(Oct 2023)

-33.3%

year-over-year

y-o-y

October '23 Oct '23 42
September '23 Sep '23 41
August '23 Aug '23 39
July '23 Jul '23 36
June '23 Jun '23 47
May '23 May '23 47
April '23 Apr '23 23
March '23 Mar '23 29
February '23 Feb '23 17
January '23 Jan '23 25
December '22 Dec '22 21
November '22 Nov '22 38

Number of REFI Loans i

15

(Oct 2023)

-11.8%

year-over-year

y-o-y

October '23 Oct '23 15
September '23 Sep '23 13
August '23 Aug '23 18
July '23 Jul '23 16
June '23 Jun '23 10
May '23 May '23 13
April '23 Apr '23 14
March '23 Mar '23 14
February '23 Feb '23 13
January '23 Jan '23 15
December '22 Dec '22 13
November '22 Nov '22 11

Number of HELOC Loans i

10

(Oct 2023)

-37.5%

year-over-year

y-o-y

October '23 Oct '23 10
September '23 Sep '23 10
August '23 Aug '23 21
July '23 Jul '23 7
June '23 Jun '23 16
May '23 May '23 15
April '23 Apr '23 14
March '23 Mar '23 14
February '23 Feb '23 8
January '23 Jan '23 11
December '22 Dec '22 7
November '22 Nov '22 13

Algonquin, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60102
$362,353 $171.15/sqft

Algonquin, IL Foreclosure Activity

There were a total of 7 Algonquin, IL properties with a foreclosure filing in October 2023.

Total Foreclosure Filings i

7

(Oct 2023)

+75%

year-over-year

y-o-y

October '23 Oct '23 7
September '23 Sep '23 7
August '23 Aug '23 9
July '23 Jul '23 4
June '23 Jun '23 5
May '23 May '23 7
April '23 Apr '23 7
March '23 Mar '23 5
February '23 Feb '23 4
January '23 Jan '23 10
December '22 Dec '22 N/A
November '22 Nov '22 2

Foreclosure Starts i

3

(Oct 2023)

-25%

year-over-year

y-o-y

October '23 Oct '23 3
September '23 Sep '23 6
August '23 Aug '23 4
July '23 Jul '23 3
June '23 Jun '23 3
May '23 May '23 6
April '23 Apr '23 3
March '23 Mar '23 2
February '23 Feb '23 4
January '23 Jan '23 9
December '22 Dec '22 N/A
November '22 Nov '22 1

Completed Foreclosures (REOs) i

October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1
February '23 Feb '23 2
January '23 Jan '23 2
December '22 Dec '22 1
November '22 Nov '22 N/A

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