Algonquin, IL Housing Market

$406,732

4.9% 1-yr

The average Algonquin, IL home value is $406,732, up 4.9% over the past year and goes to pending in around 6 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Algonquin Key Takeaways

Typical Home Values: $406,732

1-year Value Change: +4.9%

(Data through June 30, 2025)

Algonquin Housing Market Overview

--1-year Market Forecast

76For sale inventory(June 30, 2025)

45New listings(June 30, 2025)

1.000Median sale to list ratio(May 31, 2025)

$382,833Median sale price(May 31, 2025)

$446,425Median list price(June 30, 2025)

46.1%Percent of sales over list price(May 31, 2025)

38.3%Percent of sales under list price(May 31, 2025)

6Median days to pending(June 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Algonquin

NameMedian ZHVI
Century Oaks$339,549
Eagle Heights$343,078
Northeastern Elgin$287,533
Valley Creek$356,431
Cobblers Crossing$320,640
Grant Park$292,882
Summit Park$260,913
North Country Knolls$397,831
Lords Park$289,333

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Algonquin Rental Market Trends

$2,203Average rent in Algonquin(June 30, 2025)

$2,069National average rent(June 30, 2025)

-0.8%Month-over-month change(June 30, 2025)

2.7%Year-over-year change(June 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.