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Sunday, November 24, 2024

McHenry home prices rise in February 2017

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The median sale price of a home sold in February 2017 in McHenry rose by $16,250 while total sales increased by 10%, according to BlockShopper.com.

In February 2017, there were 33 homes sold, with a median sale price of $145,000 - a 12.6% increase over the $128,750 median sale price for the same period of the previous year. There were 30 homes sold in McHenry in February 2016.

The median sales tax in McHenry for 2017 was $5,054.80. In 2016, the median sales tax was $4,882.30. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares McHenry to other McHenry County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Crystal Lake4044-9.1%$173,250$163,5006%
Pistakee Highlands4333.3%$165,000$70,000135.7%
Burtons Bridge10-$159,000$0-
Island Lake34-25%$153,500$173,500-11.5%
Silver Lake30-$150,000$0-
McHenry333010%$145,000$128,75012.6%
Holiday Hills30-$132,000$0-
Johnsburg57-28.6%$129,000$280,000-53.9%
Woodstock2023-13%$125,750$119,0005.7%
Marengo67-14.3%$125,500$127,500-1.6%
McCullom Lake20-$115,229.50$0-

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