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McHenry Times

Tuesday, November 26, 2024

Crystal Lake home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Crystal Lake fell by $3,000 while total sales increased by 25%, according to BlockShopper.com.

In January 2018, there were 45 homes sold, with a median sale price of $180,000 - a 1.6% decrease over the $183,000 median sale price for the same period of the previous year. There were 36 homes sold in Crystal Lake in January 2017.

The median sales tax in Crystal Lake for the most recent year with available data, 2017, was $5,905.70, approximately 3.3% of the median home sale price for January 2018.

The following table compares Crystal Lake 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)
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%
Oakwood Hills3250%$171,000$115,50048.1%
McHenry332343.5%$160,000$146,0009.6%
Marengo104150%$156,500$117,65033%

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