Quantcast

McHenry Times

Monday, December 23, 2024

Q4 real estate sales report: Algonquin

Realestate4

Median prices declined in Algonquin over last year, and are down 12 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 137 homes sold in Algonquin for a median price of $230,000. That's 4 percent lower than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Algonquin was in foreclosure.

Median property tax for homeowners in Algonquin was $6,663.82 in 2017 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Algonquin real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
94
$261,495
-
2010
58
$237,975
-9%
2011
77
$221,480
-6.9%
2012
100
$177,398
-19.9%
2013
119
$199,800
12.6%
2014
114
$201,400
0.8%
2015
103
$233,200
15.8%
2016
127
$233,625
0.2%
2017
129
$239,700
2.6%
2018
137
$230,000
-4%

Median property tax
Median sale price
Effective property tax rate
2009
$8,121.53
$261,495
3.1%
2010
$7,086.19
$237,975
3%
2011
$7,403.85
$221,480
3.3%
2012
$6,550.07
$177,398
3.7%
2013
$6,479.95
$199,800
3.2%
2014
$6,737.51
$201,400
3.3%
2015
$7,394.41
$233,200
3.2%
2016
$6,917.82
$233,625
3%
2017
$6,663.82
$239,700
2.8%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS