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McHenry Times

Tuesday, November 26, 2024

Johnsburg home prices rise in January 2018

Re 5

The median sale price of a home sold in January 2018 in Johnsburg rose by $123,000 while total sales increased by 50%, according to BlockShopper.com.

In January 2018, there were six homes sold, with a median sale price of $265,000 - a 86.6% increase over the $142,000 median sale price for the same period of the previous year. There were four homes sold in Johnsburg in January 2017.

The median sales tax in Johnsburg for the most recent year with available data, 2017, was $6,153.10, approximately 2.3% of the median home sale price for January 2018.

The following table compares Johnsburg to other McHenry County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Barrington Hills31200%$480,000$1,150,000-58.3%
Spring Grove8560%$340,000$285,00019.3%
Lakewood82300%$327,500$342,000-4.2%
Bull Valley21100%$288,750$280,0003.1%
Johnsburg6450%$265,000$142,00086.6%
Huntley2125-16%$245,000$255,000-3.9%
Fox River Grove12-50%$245,000$248,750-1.5%
Prairie Grove50-$229,000$0-
Port Barrington110%$219,000$295,000-25.8%
Lake in the Hills423135.5%$210,275$153,00037.4%
Algonquin251838.9%$197,000$240,000-17.9%

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