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McHenry Times

Sunday, November 24, 2024

Fox River Grove (McHenry County) home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Fox River Grove in McHenry County rose by $76,250 while total sales decreased by 50%, according to BlockShopper.com.

In October 2017, there were four homes sold, with a median sale price of $308,750 - a 32.8% increase over the $232,500 median sale price for the same period of the previous year. There were eight homes sold in Fox River Grove in October 2016.

The median sales tax in Fox River Grove for 2017 was $7,102.60. In 2016, the median sales tax was $7,006.80. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Fox River Grove to other McHenry County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Barrington Hills23-33.3%$685,000$624,5009.7%
Fox Lake21100%$373,750$459,000-18.6%
Prairie Grove34-25%$348,000$141,000146.8%
Spring Grove10666.7%$325,750$202,25061.1%
McCullom Lake10-$314,000$0-
Fox River Grove48-50%$308,750$232,50032.8%
Port Barrington20-$293,750$0-
Bull Valley440%$289,000$367,500-21.4%
Ringwood110%$285,000$260,0009.6%
Trout Valley10-$280,000$0-
Lakewood58-37.5%$270,000$308,127-12.4%
* This story only considers sales data for the part of Fox River Grove that is in McHenry County.

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