Pricing for the median home in Marengo increased during April 2021

Pricing for the median home in Marengo increased during April 2021
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The median sale price of a home sold in April 2021 in Marengo rose by $68,000 while total sales decreased by 60%, according to BlockShopper.com.

In April 2021, there were four homes sold, with a median sale price of $232,500 – a 41.3% increase over the $164,500 median sale price for the same period of the previous year. There were 10 homes sold in Marengo in April 2020.

The median sales tax in Marengo for the most recent year with available data, 2019, was $4,577, approximately 2% of the median home sale price for April 2021.

The following table compares Marengo to other McHenry County cities with similar median sale prices in April 2021:

City Apr. 2021 Home Sales Apr. 2020 Home Sales % change (Total Home Sales) Apr. 2021 Median Sales Price Apr. 2020 Median Sales Price % change (Median Sales Price)
Fox River Grove 4 9 -55.6% $288,250 $238,000 21.1%
Crystal Lake 26 57 -54.4% $285,250 $223,000 27.9%
Lake in the Hills 21 40 -47.5% $279,000 $260,000 7.3%
Algonquin 18 24 -25% $262,500 $264,500 -0.8%
Cary 15 32 -53.1% $260,000 $212,000 22.6%
Marengo 4 10 -60% $232,500 $164,500 41.3%
Silver Lake 2 1 100% $202,500 $171,500 18.1%
Wonder Lake 8 11 -27.3% $199,500 $150,000 33%
Prairie Grove 1 4 -75% $190,000 $397,500 -52.2%
Woodstock 12 32 -62.5% $177,000 $198,750 -10.9%
Island Lake 2 11 -81.8% $175,250 $190,000 -7.8%


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