Algonquin, IL Condo Market Report (In last 12 months)
Avg. List Price
$306,906
($190/Sqft.)
Year-Over-Year List Price
7.28%
Total Listings
117
Avg. Days on Market
48
Avg. Sale Price
$292,335
($183/Sqft.)
Year-Over-Year Sale Price
3.40%
Total Sold
109
Avg. HOA Fees/Sqft.
($8/monthly)
Avg. List Price
$306,906
($190/Sqft.)
Year-Over-Year List Price
7.28%
Algonquin, IL Condo Market Report
Avg. List Price
$306,906
($190/Sqft.)
Year-Over-Year List Price
7.28%
Total Listings
117
Avg. Days on Market
48
Avg. Sale Price
$292,335
($183/Sqft.)
Year-Over-Year Sale Price
3.40%
Total Sold
109
Avg. HOA Fees/Sqft.
($8/monthly)
Algonquin, IL Condo Market Overview
Discover the charm and serenity of Algonquin, a picturesque village offering a delightful blend of suburban tranquility and vibrant community life. The condo market here is varied, catering to a range of lifestyles and budgets, from affordable garden-style units perfect for first-time buyers to luxurious townhomes featuring modern finishes and spacious layouts. Highlighted by scenic river views and lush parks, neighborhoods like Riverwalk and the highly sought-after Algonquin Lakes provide residents with access to enchanting natural beauty and serene walking trails. With convenient proximity to shopping centers, top-rated schools, and local eateries, living in this inviting enclave ensures a lifestyle filled with comfort and ease. Enjoy community events and a tight-knit atmosphere that make Algonquin truly special—where every neighborhood feels like home, and every day is an opportunity to connect with nature and your neighbors. This is more than just a place to live; it’s a community where memories are made.
13 Listed For Sale NowCondos For Sale In Algonquin, IL
Popular Condos Neighborhoods in Algonquin, IL
Explore Algonquin, IL Neighborhoods
Nestled in the heart of Illinois, this charming village exudes a welcoming atmosphere with its picturesque parks and a strong sense of community. Offering a delightful mix of local boutiques, family-friendly events, and scenic waterways, it’s a perfect destination for those seeking a peaceful suburban lifestyle while still being just a short drive away from the amenities of the larger metropolitan areas. With its rich history and flourishing recreational options, this area invites residents and visitors alike to experience its unique blend of tranquility and charm.
Frequently Asked Questions About Algonquin, IL
What is it like to live in Algonquin?
Algonquin offers a suburban lifestyle with a mix of single-family homes and townhouses, appealing to families and those seeking a quieter environment. The community features good schools, parks, and access to major highways, contributing to a well-connected living experience.
Is Algonquin expensive?
Algonquin's cost of living is slightly lower than the national average, with real estate prices primarily influenced by property size and neighborhood amenities. The median home price is around $300,000, making it accessible compared to nearby suburban areas.
How much is a condo in Algonquin?
The average cost of a condo in Algonquin typically ranges from $150,000 to $300,000, depending on factors such as size, condition, and location within the community. The local real estate market features a mix of new constructions and established properties.
What are the safest neighborhoods in Algonquin?
Algonquin is recognized for its low crime rates, with neighborhoods such as Fox River Grove, Huntley, and the areas surrounding Algonquin Commons noted for their safety. The village also benefits from a strong community focus and well-maintained public infrastructure, enhancing overall security and livability.
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