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McHenry Times

Tuesday, November 26, 2024

Cary (McHenry County) home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Cary in McHenry County rose by $21,000 while total sales increased by 4.3%, according to BlockShopper.com.

In January 2018, there were 24 homes sold, with a median sale price of $195,500 - a 12% increase over the $174,500 median sale price for the same period of the previous year. There were 23 homes sold in Cary in January 2017.

The median sales tax in Cary for the most recent year with available data, 2017, was $6,699.90, approximately 3.4% of the median home sale price for January 2018.

The following table compares Cary 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)
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%
Cary24234.3%$195,500$174,50012%
Pistakee Highlands3250%$190,000$151,25025.6%
Island Lake510-50%$190,000$158,50019.9%
Crystal Lake453625%$180,000$183,000-1.6%
Union20-$180,000$0-
Silver Lake21100%$175,000$120,00045.8%
* This story only considers sales data for the part of Cary that is in McHenry County.

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