April 2021: Algonquin (McHenry County) experienced a 0.8% drop in median home prices

April 2021: Algonquin (McHenry County) experienced a 0.8% drop in median home prices
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The median sale price of a home sold in April 2021 in Algonquin in McHenry County fell by $2,000 while total sales decreased by 25%, according to BlockShopper.com.

In April 2021, there were 18 homes sold, with a median sale price of $262,500 – a 0.8% decrease over the $264,500 median sale price for the same period of the previous year. There were 24 homes sold in Algonquin in April 2020.

The median sales tax in Algonquin for the most recent year with available data, 2019, was $6,676, approximately 2.5% of the median home sale price for April 2021.

The following table compares Algonquin to other McHenry County cities with similar median sale prices in April 2021:

City Apr. 2021 Home Sales Apr. 2020 Home Sales % change (Total Home Sales) Apr. 2021 Median Sales Price Apr. 2020 Median Sales Price % change (Median Sales Price)
Barrington Hills 2 1 100% $345,750 $781,000 -55.7%
Huntley 12 32 -62.5% $308,000 $252,000 22.2%
Fox River Grove 4 9 -55.6% $288,250 $238,000 21.1%
Crystal Lake 26 57 -54.4% $285,250 $223,000 27.9%
Lake in the Hills 21 40 -47.5% $279,000 $260,000 7.3%
Algonquin 18 24 -25% $262,500 $264,500 -0.8%
Cary 15 32 -53.1% $260,000 $212,000 22.6%
Marengo 4 10 -60% $232,500 $164,500 41.3%
Silver Lake 2 1 100% $202,500 $171,500 18.1%
Wonder Lake 8 11 -27.3% $199,500 $150,000 33%
Prairie Grove 1 4 -75% $190,000 $397,500 -52.2%

* This story only considers sales data for the part of Algonquin that is in McHenry County.



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