Housing in Algonquin, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$391,000

Median List Price

$395,000

Price Per Sq Ft

$185

Days on Market

70

Active Inventory

89

Months of Supply

3.1

Seller's market

Zillow Home Value

$396,183

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 1.6%List Price 11.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

24.1%

Off Market in 2 Weeks

37.0%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
24.1%
Under Contract in 2 Wks
37.0%
Listings with Price Drops
7.9%

Market Activity

Source: Redfin

Homes Sold

29

New Listings

33

Pending Sales

27

Homes Sold 3.6%New Listings 13.8%Pending 35.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$185

Median List $/SF

$216

Sale $/SF 8.0%List $/SF 19.3%Mar 24Jan 26

Algonquin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Algonquin is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$324,000

Median Rent

$1,800

Total Housing Units

11,080

Vacancy Rate

1.5%

Owner Occupied

87.8%

Renter Occupied

12.2%

Median Property Tax

$7,916

per year

Monthly Cost (w/ Mortgage)

$1,933

Housing Types

Single Family
92.1%
Multi-Family
7.9%
Mobile Home
0.0%

The current median sale price in Algonquin, IL is $391,000 according to Redfin data. Homes spend a median of 70 days on the market. 24.1% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $185. The median rent is $1,800 per month (Census ACS). About 87.8% of housing units are owner-occupied. The median year homes were built is 1994. There are 11,080 total housing units.