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McHenry Times

Thursday, November 28, 2024

Cary (McHenry County) home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Cary in McHenry County fell by $17,500 while total sales remained unchanged with 38 homes sold, according to BlockShopper.com.

In August 2018, there were 38 homes sold, with a median sale price of $222,500 - a 7.3% decrease over the $240,000 median sale price for the same period of the previous year. There were 38 homes sold in Cary in August 2017, as well.

The median sales tax in Cary for the most recent year with available data, 2017, was $6,699.90, approximately 3% of the median home sale price for August 2018.

The following table compares Cary 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)
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%
Lakemoor58-37.5%$168,000$160,0005%
* This story only considers sales data for the part of Cary that is in McHenry County.

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