The median sale price of a home sold in 2021 in Oakwood Hills rose by $10,000 while total sales increased by 13%, according to BlockShopper.com.
From January through December of 2021, there were 52 homes sold, with a median sale price of $254,000 – a 4.1% increase over the $244,000 median sale price for the previous year. There were 46 homes sold in Oakwood Hills in 2020.
The median sales tax in Oakwood Hills for the most recent year with available data, 2019, was $6,195, approximately 2.4% of the median home sale price for 2021.
The following table compares Oakwood Hills to other McHenry County cities with similar median sale prices in 2021:
| City | Jan. – Dec. 2021 Home Sales | Jan. – Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. – Dec. 2021 Median Sales Price | Jan. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Huntley | 431 | 417 | 3.4% | $297,500 | $265,000 | 12.3% |
| Algonquin | 544 | 445 | 22.2% | $287,750 | $260,000 | 10.7% |
| Johnsburg | 146 | 119 | 22.7% | $281,250 | $240,000 | 17.2% |
| Lake in the Hills | 658 | 546 | 20.5% | $268,000 | $245,000 | 9.4% |
| Cary | 412 | 361 | 14.1% | $262,500 | $249,000 | 5.4% |
| Oakwood Hills | 52 | 46 | 13% | $254,000 | $244,000 | 4.1% |
| Fox River Grove | 117 | 81 | 44.4% | $244,000 | $238,000 | 2.5% |
| Crystal Lake | 1,146 | 749 | 53% | $240,000 | $227,000 | 5.7% |
| Union | 9 | 9 | 0% | $220,000 | $170,000 | 29.4% |
| McHenry | 709 | 574 | 23.5% | $210,000 | $196,000 | 7.1% |
| Silver Lake | 19 | 14 | 35.7% | $210,000 | $177,750 | 18.1% |
