Karen Pioch

Algonquin, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Algonquin, IL

Fri Dec 13 2019
This week the median list price for Algonquin, IL is $302,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 114. Click here to stay informed with the Algonquin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Algonquin, IL

Fri Dec 13 2019
This week the median list price for Algonquin, IL is $302,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 114. Click here to stay informed with the Algonquin market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Algonquin market.
Median List Price $302,500
Per Square Foot $118
Days on Market 136
Price Decreased 58%
Price Increased 3%
Relisted 25%
Inventory 114
Median Rent $1,750
Most Expensive $619,000
Least Expensive $47,000
Market Action 34
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$417,450 4,175 0.25 - 0.5 acre 4 4 18 0 2 173
$334,750 2,819 0.25 - 0.5 acre 4 3 20 1 0 179
$289,800 2,310 0.25 - 0.5 acre 4 3 23 1 4 106
$229,900 1,719 0.25 - 0.5 acre 3 2 38 0 3 88