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Monday, July 21, 2025

McHenry home prices fall in August 2017

Re 10

The median sale price of a home sold in August 2017 in McHenry fell by $2,000 while total sales increased by 31.3%, according to BlockShopper.com.

In August 2017, there were 63 homes sold, with a median sale price of $167,500 - a 1.2% decrease over the $169,500 median sale price for the same period of the previous year. There were 48 homes sold in McHenry in August 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%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Johnsburg1517-11.8%$215,500$263,000-18.1%
Lake in the Hills735923.7%$213,500$206,0003.6%
Crystal Gardens10-$210,000$0-
Crystal Lake8599-14.1%$195,000$180,0398.3%
Fox Lake30-$185,000$0-
McHenry634831.3%$167,500$169,500-1.2%
Marengo147100%$165,000$180,000-8.3%
Lakemoor81700%$160,000$111,00044.1%
McCullom Lake20-$160,000$0-
Woodstock513545.7%$160,000$144,00011.1%
Holiday Hills21100%$160,000$136,00017.6%

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