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McHenry Times

Wednesday, April 24, 2024

Woodstock home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Woodstock rose by $6,750 while total sales decreased by 13%, according to BlockShopper.com.

In February 2017, there were 20 homes sold, with a median sale price of $125,750 - a 5.7% increase over the $119,000 median sale price for the same period of the previous year. There were 23 homes sold in Woodstock in February 2016.

The median sales tax in Woodstock for 2017 was $4,659.75. In 2016, the median sales tax was $4,648.40. This marks an increase of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Woodstock 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)
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-
Wonder Lake611-45.5%$102,500$85,50019.9%
Crystal Gardens10-$99,000$0-
Crystal Manor21100%$82,500$100,000-17.5%

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