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Alta Vista Arrowhead Aspen Village Gaslight Terrace North Gaslight Terrace West Glacier Plaza Grand Reserve High Hill Farms Highland Glen Old Town District Prairie Path Waterford of Algonquin Weck's Subdivision Willoughby Farms

ALGONQUIN, IL 60102

Real Estate Market Report  ·  McHenry County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60102

Alta Vista · Arrowhead · Aspen Village · Gaslight Terrace North · Gaslight Terrace West · Glacier Plaza · Grand Reserve · High Hill Farms · Highland Glen · Old Town District · Prairie Path · Waterford of Algonquin · Weck's Subdivision · Willoughby Farms

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ALGONQUIN, IL real estate market (60102) currently shows 93 active listings, with 74 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 38 days on market compared to 25 days last year.

The median listing price has risen 8.2% year-over-year, from $399,900 to $432,745.

Whether you are buying or selling in ALGONQUIN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,227  ·  Density: 789.4/mi²  ·  Median household income: $127,140

Typical home value: $303,271  ·  Homeownership: 86.2%

Market Overview

Active Listings
93
⇩ 5.1% vs 98 last year
Pending
74
80% pending ratio
Median Price
$432,745
⇧ 8.2% vs $399,900 last year
Average Price
$467,356
⇧ 5.4% vs $443,598 last year
Days on Market
38
⇧ 52% vs 25 days last year

Price Per Square Foot

Median $/sqft
$212
⇧ 1% vs $210/sqft last year
Median Home Size
1,970 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 93 this year vs 98 last year
  • Days on market: 38 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $432,745 (+8.2% YoY)
  • Average: $467,356 (+5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.3 miles — 684 listings ($307,392,436 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60102Algonquin, IL 601020.0 mi100$47,330,500$445,490$473,305
60110Carpentersville, IL 601103.0 mi44$12,983,432$276,250$295,078
60014Crystal Lake, IL 600144.7 mi104$53,436,448$389,000$513,812
60136Gilberts, IL 601365.4 mi16$6,495,040$349,900$405,940
60142Huntley, IL 601427.0 mi141$73,796,298$498,525$523,378
60012Crystal Lake, IL 600127.5 mi32$16,251,008$433,450$507,844
60192Hoffman Estates, IL 601929.6 mi22$13,706,858$520,725$623,039
60042Island Lake, IL 600429.8 mi17$5,125,313$299,925$301,489
60084Wauconda, IL 6008411.3 mi38$17,583,930$474,108$462,735
60180Union, IL 6018011.5 mi5$1,862,175$367,413$372,435
60107Streamwood, IL 6010711.9 mi94$32,542,330$322,500$346,195
60169Hoffman Estates, IL 6016912.6 mi68$25,529,104$381,225$375,428
60195Schaumburg, IL 6019513.3 mi3$750,000$250,000$250,000

Frequently Asked Questions

How many homes are for sale in ALGONQUIN, IL 60102?

As of March 2026, there are 93 active listings in ALGONQUIN, IL (zip code 60102), compared to 98 the prior year.

What is the median home price in ALGONQUIN, IL 60102?

The median listing price in ALGONQUIN, IL 60102 is $432,745 as of March 2026, a 8.2% increase from $399,900 the prior year.

How long do homes stay on the market in ALGONQUIN, IL?

Homes in ALGONQUIN, IL 60102 spend an average of 38 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in ALGONQUIN, IL 60102?

Based on current inventory and days-on-market data as of March 2026, ALGONQUIN, IL 60102 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 25 days last year.

How much can I save on real estate commission in ALGONQUIN, IL?

With SELL123.com's maximum 3% commission, sellers in ALGONQUIN, IL 60102 save an estimated $8,655 compared to a typical 5% commission on the median listing price of $432,745. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.