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Sunday, September 29, 2024

Crystal Lake home prices rise in November 2017

Re 11

The median sale price of a home sold in November 2017 in Crystal Lake rose by $12,000 while total sales decreased by 13.5%, according to BlockShopper.com.

In November 2017, there were 45 homes sold, with a median sale price of $196,500 - a 6.5% increase over the $184,500 median sale price for the same period of the previous year. There were 52 homes sold in Crystal Lake in November 2016.

The median sales tax in Crystal Lake for 2017 was $5,905.70. In 2016, the median sales tax was $5,780.50. This marks an increase of 2.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Crystal Lake 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)
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%
Johnsburg616-62.5%$163,250$176,500-7.5%
Marengo141127.3%$155,750$160,000-2.7%

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