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Sunday, September 29, 2024

McHenry home prices rise in November 2017

Re 12

The median sale price of a home sold in November 2017 in McHenry rose by $5,500 while total sales increased by 31.4%, according to BlockShopper.com.

In November 2017, there were 46 homes sold, with a median sale price of $154,500 - a 3.7% increase over the $149,000 median sale price for the same period of the previous year. There were 35 homes sold in McHenry in November 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 3.3%.

The following table compares McHenry 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)
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%
McHenry463531.4%$154,500$149,0003.7%
Prairie Grove25-60%$151,500$330,000-54.1%
Island Lake63100%$148,000$275,000-46.2%
Wonder Lake191258.3%$143,500$135,0006.3%
Pistakee110%$142,500$121,00017.8%
Crystal Manor110%$136,500$118,50015.2%

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