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Algonquin, IL
Full City Profile · Illinois · McHenry County County
3.8
/5.0
B+
Good
29,904
Population
2,389/sq mi density
$131,753
Median Income
$53,698 per capita
$324,000
Home Value
$398,699 Zillow
$1,800
Median Rent
25.5% income on rent
49°F
Avg Temperature
260 sunny days/yr
74
Violent Crime/100K
977 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$131,753 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$324,000 home value, $1,800/mo rent
F
Safety
1.0 / 5.0
74 violent crimes/100K
A
Education
4.5 / 5.0
43.6% bachelor's degree or higher
Housing Overview
Median Home Value
$324,000
15% above
US avg: $281,900
Median Rent
$1,800/mo
55% above
US avg: $1,163/mo
Homeownership Rate
87.8%
34% above US avg (65.4%)
Total Housing Units
11,068
Median year built: 1994
Home Value by Source
Census Median
$324,000
Zillow (ZHVI)
$398,699
Median Sale Price
$400,000
Median List Price
$426,490
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.8%
Owner-Occupied
12.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,800/mo
· Zillow rent:
$2,220/mo
Market Indicators (Redfin)
Median Days on Market
78 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
6.6%
of listings with price reduction
Price Per Sq Ft
$204
Active Inventory
106
homes for sale
Affordability & Housing Stock
Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
87.8%
Complete Housing Data
Home Values
| Census Median Value | $324,000 |
| Zillow Home Value (ZHVI) | $398,699 |
| Median Sale Price | $400,000 |
| Median List Price | $426,490 |
| Price Per Sq Ft | $204 |
Rent
| Census Median Rent | $1,800 |
| Zillow Rent (ZORI) | $2,220 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 78 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 6.6% |
| Homes Sold | 21 |
| Active Inventory | 106 |
| Price Per Sq Ft | $204 |
Ownership & Stock
| Owner-Occupied | 87.8% |
| Renter-Occupied | 12.2% |
| Homeownership Rate | 87.8% |
| Total Housing Units | 11,068 |
| Median Year Built | 1994 |
| Rent Burden | 25.5% |