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McHenry Times

Wednesday, April 17, 2024

Prairie Grove home prices rise in June 2018

Re 11

The median sale price of a home sold in June 2018 in Prairie Grove rose by $60,000 while total sales decreased by 55.6%, according to BlockShopper.com.

In June 2018, there were four homes sold, with a median sale price of $326,500 - a 22.5% increase over the $266,500 median sale price for the same period of the previous year. There were nine homes sold in Prairie Grove in June 2017.

The median sales tax in Prairie Grove for the most recent year with available data, 2017, was $10,416.40, approximately 3.2% of the median home sale price for June 2018.

The following table compares Prairie Grove to other McHenry County cities with similar median sales prices in June 2018:

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Bull Valley26-66.7%$377,750$332,50013.6%
Barrington Hills10-$370,000$0-
Lakewood16160%$359,000$420,000-14.5%
Fox Lake10-$351,000$0-
Prairie Grove49-55.6%$326,500$266,50022.5%
Spring Grove12771.4%$297,500$319,000-6.7%
Port Barrington52150%$280,000$218,50028.1%
Fox River Grove12850%$273,500$277,750-1.5%
Johnsburg913-30.8%$268,000$261,0002.7%
Huntley4649-6.1%$257,250$259,000-0.7%
Crystal Lake93104-10.6%$237,000$206,25014.9%

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