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McHenry Times

Sunday, September 29, 2024

Cary (McHenry County) home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Cary in McHenry County rose by $27,750 while total sales decreased by 4.3%, according to BlockShopper.com.

In November 2017, there were 22 homes sold, with a median sale price of $214,750 - a 14.8% increase over the $187,000 median sale price for the same period of the previous year. There were 23 homes sold in Cary in November 2016.

The median sales tax in Cary for 2017 was $6,699.93. In 2016, the median sales tax was $6,645.40. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Fox Lake20-$250,000$0-
Huntley29283.6%$240,000$202,25018.7%
Lakewood9728.6%$230,000$346,500-33.6%
Fox River Grove711-36.4%$222,000$209,0006.2%
Fox River Shores110%$220,000$125,00076%
Cary2223-4.3%$214,750$187,00014.8%
Algonquin3436-5.6%$200,000$222,750-10.2%
Crystal Lake4552-13.5%$196,500$184,5006.5%
Oakwood Hills220%$193,500$290,000-33.3%
Lake in the Hills584431.8%$183,000$196,500-6.9%
Lakemoor5366.7%$169,000$208,000-18.8%
* This story only considers sales data for the part of Cary that is in McHenry County.

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