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McHenry Times

Thursday, November 28, 2024

Algonquin (McHenry County) home prices fall in August 2018

Realestate2

The median sale price of a home sold in August 2018 in Algonquin in McHenry County fell by $1,000 while total sales increased by 45.9%, according to BlockShopper.com.

In August 2018, there were 54 homes sold, with a median sale price of $226,000 - a 0.4% decrease over the $227,000 median sale price for the same period of the previous year. There were 37 homes sold in Algonquin in August 2017.

The median sales tax in Algonquin for the most recent year with available data, 2017, was $6,495.10, approximately 2.9% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Huntley514610.9%$262,000$272,250-3.8%
Johnsburg1015-33.3%$259,500$215,50020.4%
Oakwood Hills72250%$250,000$355,500-29.7%
Richmond6520%$235,000$155,00051.6%
Lake in the Hills6673-9.6%$230,000$213,5007.7%
Algonquin543745.9%$226,000$227,000-0.4%
Cary38380%$222,500$240,000-7.3%
Fox River Grove10666.7%$210,500$144,50045.7%
Haegers Bend10-$210,000$0-
Crystal Lake8485-1.2%$189,500$195,000-2.8%
McHenry68637.9%$174,750$167,5004.3%
* This story only considers sales data for the part of Algonquin that is in McHenry County.

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