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McHenry Times

Friday, November 22, 2024

Q2 real estate sales report: McHenry

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Median prices rose in McHenry over last year, and are down 0.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 195 homes sold in McHenry for a median price of $180,000. That's 3.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 7 homes in McHenry were in foreclosure.

Median property tax for homeowners in McHenry was $5,433.23 in 2017 according to tax data from that year. That means homeowners pay 3.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

McHenry real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
74
$181,350
-
2010
94
$169,424
-6.6%
2011
67
$152,550
-10%
2012
99
$122,625
-19.6%
2013
128
$137,700
12.3%
2014
107
$140,450
2%
2015
122
$143,100
1.9%
2016
158
$154,350
7.9%
2017
187
$174,420
13%
2018
195
$180,000
3.2%

Median property tax
Median sale price
Effective property tax rate
2010
$4,937.31
$169,424
2.9%
2011
$4,752.03
$152,550
3.1%
2012
$4,514.56
$122,625
3.7%
2013
$5,279.39
$137,700
3.8%
2014
$4,610.70
$140,450
3.3%
2015
$4,656.87
$143,100
3.3%
2016
$5,014.56
$154,350
3.2%
2017
$5,433.23
$174,420
3.1%

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