What is the median home price in Merrill Algonquin Hills, Algonquin?

The median home price in Merrill Algonquin Hills is $299,000, down 20% year-over-year. Homes sell in a median of 41 days. The sale-to-list ratio is 99.24%.

How much does it cost to sell a home in Merrill Algonquin Hills?

On a $299,000 home in Merrill Algonquin Hills, a traditional agent charges around 3% — about $8,970. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $5,471 while getting MLS listing and expert support.

How long does it take to sell a home in Merrill Algonquin Hills?

The median home in Merrill Algonquin Hills spends 41 days on market. 33.33% of listings go pending within two weeks. 5 homes sold recently in this neighborhood.

Is Merrill Algonquin Hills a good neighborhood to sell in right now?

Merrill Algonquin Hills had 5 homes sell recently at a median of $299,000. Sellers are getting 99.24% of their asking price. 20% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Illinois/Algonquin

Merrill Algonquin Hills · Algonquin, IL

Is Now a Good Time to Sell in Merrill Algonquin Hills, Algonquin?

The median home in Merrill Algonquin Hills sells for $299,000 with prices down 20% year-over-year. Ridley's flat fee saves you $5,471.

Merrill Algonquin Hills Real Estate Market Conditions

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Merrill Algonquin Hills market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Illinois average is 2.9.

Price MomentumFavors buyers

Prices down 20% year-over-year — vs. +8% statewide.

Seller LeverageFavors sellers

Homes selling at 99.24% of asking — buyers are negotiating 0.8% below list. Illinois average is 98.1%.

Bidding ActivityNeutral

20% of homes selling above list price — 19% below the Illinois average of 24.7%.

Sale SpeedFavors sellers

41 median days on market — 18 days faster than the Illinois average.

Market UrgencyNeutral

33.33% of listings go pending within 2 weeks — vs. 38.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 18.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$299,000

-20%

Days on Market

Price per Sq Ft

$233

Sale-to-List Ratio

99.24%

Homes Sold

Sold Above List

20%

Pending in 2 Weeks

33.33%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Algonquin — delivered monthly.

Your savings

How much can you save selling in Merrill Algonquin Hills?

$0Estimated savings

That's 6 months of groceries — save 1.8% of your home value

Your Merrill Algonquin Hills home value

$299,000

$50,000$10M

Traditional Agent (3%)

$8,970

Ridley Pro (flat fee)

$3,499

Ready to sell in Merrill Algonquin Hills?

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Cost comparison

Cost to sell in Merrill Algonquin Hills

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$8,970	$3,499	$999
Buyer agent	$8,3722.8% avg	$5,980~2% avg	$5,980~2% avg
Closing costs (~1.5%)	$4,485	$4,485	$4,485
Total cost	$21,827	$13,964	$11,464
You save	—	$5,471	$7,971

Based on the Merrill Algonquin Hills median home price of $299,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Merrill Algonquin Hills

A flat fee of $3,499 instead of the typical $8,970 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Merrill Algonquin Hills market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Merrill Algonquin Hills buyers look — plus a custom Ridley listing page with AI chat.