Market Intelligence · IL / Algonquin

Algonquin, IL 60102 Housing Market

Algonquin's typical home value is $415,406, up 4.3% over the past year. Homes are listing at a median price of $475,475 and spending a median of 25 days on the market as of September 2026.

Updated September 2026Median value$415K

The median home value in Algonquin, IL 60102 is $415K as of September 2026, up 4.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 60102 range

$382K to $449K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.3% over 12 months

Typical home value in 60102 over the last 12 months: $398K in Sep 2025 to $415K in Sep 2026 (+4.3%).

Sep 2025$398K

Sep 2026$415K

The numbers

What is the 60102 housing market like?

Typical home value

$415K

Up4.3%YoY

Median list price

$475K

Down4.7%MoM

Days on market

25

Down26.5%MoM

Homes for sale

49

Flat0.0%MoM

Price cuts

17.2%

Up1.4%MoM

New listings

36

Up28.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

60102 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60102 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 60102 rose 4.3%, per the Zillow Home Value Index.

Will home prices drop in 60102?

Zillow's forecast does not call for a drop: it expects typical home values in 60102 to rise 2.2% by September 2027, after a 4.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 60102 home prices compare?

  • 60102$415,406
  • Algonquin$415,406
  • Illinois$194,737
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Algonquin: 1 ZIP; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

The Algonquin market shows steady activity with 49 homes for sale and 36 new listings in September 2026. The median days on market of 25 suggests reasonable seller interest. However, 17.2% of listings have already taken a price cut, signaling that some sellers are adjusting expectations. The year-over-year appreciation of 4.3% reflects gradual but steady growth. If you're thinking about selling, the modest cut rate paired with year-long gains means this is a reasonably balanced market, but not a sellers' stampede.

Monthly payment

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20% · $83,081

Common questions

What people ask us.

What is a typical home worth in Algonquin, IL 60102?

The typical home value in 60102 is $415,406, up 4.3% over the past year as of September 2026.

How long do homes stay on the market in 60102?

Homes in Algonquin spend a median of 25 days on the market, according to current data from September 2026.

What is the median list price in Algonquin?

The median list price in 60102 is $475,475 as of September 2026.

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