The median sale price of a home sold in March 2022 in Prairie Grove rose by $149,250 while total sales decreased by 33.3%, according to BlockShopper.com.
In March 2022, there were four homes sold, with a median sale price of $470,250 – a 46.5% increase over the $321,000 median sale price for the same period of the previous year. There were six homes sold in Prairie Grove in March 2021.
The median sales tax in Prairie Grove for the most recent year with available data, 2019, was $9,798, approximately 2.1% of the median home sale price for March 2022.
The following table compares Prairie Grove to other McHenry County cities with similar median sale prices in March 2022:
| City | Mar. 2022 Home Sales | Mar. 2021 Home Sales | % change (Total Home Sales) | Mar. 2022 Median Sales Price | Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Barrington Hills | 4 | 4 | 0% | $757,500 | $410,000 | 84.8% |
| Prairie Grove | 4 | 6 | -33.3% | $470,250 | $321,000 | 46.5% |
| Fox Lake | 1 | 1 | 0% | $458,000 | $485,000 | -5.6% |
| Spring Grove | 9 | 7 | 28.6% | $437,500 | $355,000 | 23.2% |
| Bull Valley | 1 | 2 | -50% | $425,000 | $337,500 | 25.9% |
| Port Barrington | 1 | 3 | -66.7% | $370,000 | $263,000 | 40.7% |
| Algonquin | 29 | 41 | -29.3% | $342,000 | $298,000 | 14.8% |
| Lakewood | 13 | 16 | -18.8% | $315,000 | $435,750 | -27.7% |
| Johnsburg | 10 | 15 | -33.3% | $307,500 | $300,000 | 2.5% |
| Fox River Shores | 2 | 2 | 0% | $302,500 | $167,500 | 80.6% |
| Huntley | 27 | 33 | -18.2% | $300,000 | $268,000 | 11.9% |
