Why Live in Merrill Algonquin Hills
Tucked away on the northern side of Algonquin, the neighborhood of Merrill Algonquin Hills feels isolated yet connected with the rest of the village. The Fox River runs along the neighborhood's eastern edge and trees hang over the quiet streets, blocking views to most houses and creating a secluded, private feel. CAP Index also gives the neighborhood an overall crime score of 2, below the national average of 4. Still, the neighborhood is just a mile from downtown Algonquin, where residents can join the rest of the village at longstanding local restaurants and annual events. Homes in Merrill Algonquin Hills typically sell between $150,000 to $550,000, featuring a mix of Cape Cods, split-levels and ranch-style homes scattered along narrow streets crowded with trees. Some houses sit close to the road, while others are further back on properties with a quarter to half acre. Along the river, homes with private docks and beaches offer easy access to the Fox River. Students start at Eastview Elementary School, which receives an A from Niche, followed by Algonquin Middle School, which receives a B-plus. B-rated Dundee-Crown High School offers career and technical programs, where students
Frequently Asked Questions
Is Merrill Algonquin Hills a good place to live?
Merrill Algonquin Hills is a good place to live. Merrill Algonquin Hills is considered very car-dependent and somewhat bikeable. Merrill Algonquin Hills is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Merrill Algonquin Hills has 5 parks for recreational activities. It has a median age of 43. The average household income is $102,201 which is above the national average. College graduates make up 35.8% of residents. A majority of residents in Merrill Algonquin Hills are home owners, with 19.3% of residents renting and 80.7% of residents owning their home. A
local real estate agent serving Merrill Algonquin Hills can help you decide if this neighborhood is the right one for you. Learn more on our
Merrill Algonquin Hills neighborhood guide.
Is Merrill Algonquin Hills, IL a safe neighborhood?
Merrill Algonquin Hills, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Merrill Algonquin Hills?
The median home price in Merrill Algonquin Hills is $829,900. If you put a 20% down payment of $166,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $4,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $184K a year to afford the median home price in Merrill Algonquin Hills. The average household income in Merrill Algonquin Hills is $102K.
What are the best public schools in Merrill Algonquin Hills?
The best public schools that serve Merrill Algonquin Hills are:
What are the best private schools in Merrill Algonquin Hills?
The best private schools that serve Merrill Algonquin Hills are:
What are the most popular zip codes in Merrill Algonquin Hills, Algonquin, IL?
What are the most popular neighborhoods near Merrill Algonquin Hills, Algonquin, IL?
Home Trends in Merrill Algonquin Hills, IL
On average, homes in Merrill Algonquin Hills, Algonquin sell after 7 days on the market compared to the national average of 70 days. The median sale price for homes in Merrill Algonquin Hills, Algonquin over the last 12 months is $1,299,000, up 71% from the median home sale price over the previous 12 months.
Median Sale Price
$1,299,000
Median Single Family Sale Price
$829,900
Average Price Per Sq Ft
$263
Number of Homes for Sale
3
Last 12 months Home Sales
1
Median List Price
$829,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
71%