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McHenry Times

Tuesday, November 5, 2024

Q1 real estate sales report: Huntley

Re 14

Median prices declined in Huntley over last year, and are down 17.5 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 84 homes sold in Huntley for a median price of $230,750. That's 6.9 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, 10 homes in Huntley were in foreclosure.

Median property tax for homeowners in Huntley was $6,409.98 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Huntley real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
98
$279,630
-
2010
71
$237,753
-15%
2011
66
$237,028
-0.3%
2012
79
$216,910
-8.5%
2013
91
$193,811
-10.6%
2014
81
$220,480
13.8%
2015
76
$228,430
3.6%
2016
112
$227,588
-0.4%
2017
106
$247,860
8.9%
2018
84
$230,750
-6.9%

Median property tax
Median sale price
Effective property tax rate
2009
$5,032.42
$279,630
1.8%
2010
$5,748.03
$237,753
2.4%
2011
$6,760.94
$237,028
2.9%
2012
$5,970.30
$216,910
2.8%
2013
$6,180.42
$193,811
3.2%
2014
$5,791.03
$220,480
2.6%
2015
$6,412.56
$228,430
2.8%
2016
$6,285.49
$227,588
2.8%
2017
$6,409.97
$247,860
2.6%

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