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McHenry Times

Sunday, November 17, 2024

Bull Valley home prices fall in July 2017

Realestate5

The median sale price of a home sold in July 2017 in Bull Valley fell by $35,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In July 2017, there were two homes sold, with a median sale price of $345,000 - a 9.2% decrease over the $380,000 median sale price for the same period of the previous year. There were two homes sold in Bull Valley in July 2016, as well.

The median sales tax in Bull Valley for 2017 was $11,721.58. In 2016, the median sales tax was $11,867.80. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.4%.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Barrington Hills71600%$444,500$453,000-1.9%
Fox Lake20-$359,000$0-
Bull Valley220%$345,000$380,000-9.2%
Lakewood810-20%$331,500$322,0003%
Oakwood Hills21100%$318,000$150,000112%
Port Barrington4333.3%$292,000$241,00021.2%
Spring Grove12850%$288,500$260,50010.7%
Johnsburg911-18.2%$286,000$243,00017.7%
Ringwood220%$273,500$243,50012.3%
Fox River Grove1011-9.1%$256,250$159,00061.2%
Prairie Grove102400%$252,500$154,25063.7%

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