Algonquin, IL Real Estate Market Summary – September 7, 2026
In Algonquin, IL, a total of 48 homes were sold in the last 30 days, averaging approximately 1.6 homes sold per day. The average price for homes sold during this period was $437,384, with a median price of $417,490.
| Metric | 30 Days |
|---|---|
| Number Sold | 48 |
| Sold Per Day | 1.60 |
| Average SQFT | 2201 |
| Median Sales Price | $417,490 |
| Average Sales Price | $437,384 |
| Average Price Per SQFT | $209 |
| Average Days on Market | 15 |
| Average Year Built | 1999 |
Algonquin, IL Single Family Home Analysis
For single-family homes, 31 properties sold with an average price of $496,419 and a median price of $500,000. These homes had an average living area of 2,596 square feet, and they spent around 15 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 31 |
| Sold Per Day | 1.03 |
| Average SQFT | 2596 |
| Median Sales Price | $500,000 |
| Average Sales Price | $496,419 |
| Average Price Per SQFT | $202 |
| Average Days on Market | 15 |
| Average Year Built | 1996 |
Algonquin, IL Condo & Townhome Analysis
In the condo and townhome segment, 17 units were sold, averaging $329,734 with a median at $305,000. The average living area was 1,504 square feet, and these units were on the market for about 14.5 days before sale.
| Metric | 30 Days |
|---|---|
| Number Sold | 17 |
| Sold Per Day | 1 every 1.76 days |
| Average SQFT | 1504 |
| Median Sales Price | $305,000 |
| Average Sales Price | $329,734 |
| Average Price Per SQFT | $223 |
| Average Days on Market | 15 |
| Average Year Built | 2004 |
Buyer & Seller Analysis
- Average of 1.6 homes sold per day.
- Homes spent about 15 days on the market on average.
- Median sale price for all homes is $417,490.
- The data covers the sales period from early August to early September.
Conclusion
The real estate market in Algonquin shows a consistent activity level with notable home prices and relatively quick marketing times. This reflects general trends in the local housing market.