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McHenry Times

Sunday, November 24, 2024

Huntley (McHenry County) home prices fall in October 2017

Realestate2

The median sale price of a home sold in October 2017 in Huntley in McHenry County fell by $8,000 while total sales increased by 5.4%, according to BlockShopper.com.

In October 2017, there were 39 homes sold, with a median sale price of $242,000 - a 3.2% decrease over the $250,000 median sale price for the same period of the previous year. There were 37 homes sold in Huntley in October 2016.

The median sales tax in Huntley for 2017 was $6,068.40. In 2016, the median sales tax was $6,118.80. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Huntley 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)
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%
Richmond550%$254,000$155,00063.9%
Huntley39375.4%$242,000$250,000-3.2%
Algonquin2736-25%$240,000$225,5006.4%
Emerald Park10-$237,500$0-
Lake in the Hills534226.2%$227,000$194,00017%
Cary352825%$220,000$167,50031.3%
Crystal Lake6375-16%$203,000$180,00012.8%
* This story only considers sales data for the part of Huntley that is in McHenry County.

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