Zip 60102 (Algonquin, IL) Housing

Housing in 60102 Algonquin, IL is an attractive investment option. The median value of housing in the area is $343,400, which is higher than the US median housing value of $338,100. Additionally, over the past year the appreciation rate for homes in 60102 Algonquin has been 9.73%, higher than the US average of 8.27%. This data suggests that investing in real estate in Algonquin may be a wise decision with low-risk and potential high returns over time.

The median home cost in Algonquin (zip 60102) is $343,400. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Algonquin (zip 60102) is up 12.6%.

Average Age of Homes

- The median age of Algonquin (zip 60102) real estate is 24 years old

The Rental Market in Algonquin (zip 60102)

- Renters make up 11.1% of the Algonquin (zip 60102) population
- 1.2% of houses and apartments in Algonquin (zip 60102), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Algonquin, Illinois	United States
	12,381.0	139,647,020.0
	28	42
	$343,400	$338,100
	12.6%	16.6%
	35.4%	57.0%
	63.3%	101.1%
	$26.56	$10.98
	$7,231	$2,690
	82.1%	57.4%
	3.3%	11.2%
	14.5%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.9%	2.4%
	0.1%	2.8%
	0.7%	3.9%
	0.2%	4.5%
	2.8%	11.3%
	14.1%	13.0%
	42.2%	20.1%
	29.8%	13.6%
	7.3%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.9%	13.6%
	22.9%	13.6%
	31.2%	13.6%
	19.0%	13.2%
	10.1%	14.8%
	31.2%	13.6%
	3.0%	10.0%
	2.9%	4.7%
	4.0%	12.2%

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