From January to March, 94 homes sold in Algonquin for a median price of $214,750. That's 1.2 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 12 homes in Algonquin were in foreclosure.
Median property tax for homeowners in Algonquin was $6,204.84 in 2017 according to tax data from that year. That means homeowners pay 2.9 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Algonquin real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
40
$269,100
-
2010
54
$230,850
-14.2%
2011
58
$226,000
-2.1%
2012
83
$228,900
1.3%
2013
97
$216,000
-5.6%
2014
72
$192,920
-10.7%
2015
83
$185,643
-3.8%
2016
99
$222,600
19.9%
2017
93
$212,160
-4.7%
2018
94
$214,750
1.2%
Median property tax
Median sale price
Effective property tax rate
2009
$8,667.40
$269,100
3.2%
2010
$6,879.70
$230,850
3%
2011
$7,082.58
$226,000
3.1%
2012
$6,870.27
$228,900
3%
2013
$7,145.15
$216,000
3.3%
2014
$6,518.73
$192,920
3.4%
2015
$6,394.42
$185,643
3.4%
2016
$6,545.19
$222,600
2.9%
2017
$6,204.84
$212,160
2.9%
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