Algonquin Housing Update: New Listings Pick Up as Median Prices Hold in the $400Ks
Algonquin, IL – March 14, 2026 – New listings are rising, median prices remain in the $400Ks, and spring demand is building across town.
Top takeaways
- About 18 new listings recently hit the market, with steady buyer activity.
- Median listing prices are in the low-to-mid $400Ks depending on source.
- Homes are averaging around two months on market.
Market snapshot
Activity is trending upward heading into spring. Redfin reports roughly 18 new listings and a median listing price near $436K, with homes averaging about 64 days on market and typically drawing multiple offers.
Realtor.com places the median listing price closer to $409,900, reflecting a mix of single-family homes, townhomes, and condos currently for sale. Zillow’s local search pages show active inventory across established neighborhoods and newer subdivisions, including townhome and single-family new construction options.
A separate Altos Research snapshot in February showed a median list price near $519,900, suggesting some upward pressure at the higher end of the market. Variations between platforms reflect differences in methodology and property mix.
New construction and supply
New-construction townhomes and single-family homes remain part of the available inventory, with several builders marketing move-in-ready and plan-based options. Statewide forecasts from Illinois Realtors indicate tight inventory conditions compared with prior years, even as sales activity stabilizes.
For buyers, that means more choice than mid-winter but still competitive conditions for well-priced homes. For sellers, properly priced listings are continuing to attract attention within the first few weeks.
What’s for sale now
- New-construction townhomes starting in the low $400Ks.
- Updated three- to four-bedroom single-family homes in the upper $500Ks.
- Entry-level detached homes and select condos priced near or just under $400K.
With mortgage rate trends shifting nationally in early March, local buyers are watching affordability closely while preparing for the traditional spring surge.
Sources
Are you seeing more showings and listings in your neighborhood this month?