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McHenry Times

Thursday, November 28, 2024

McHenry home prices rise in August 2018

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The median sale price of a home sold in August 2018 in McHenry rose by $7,250 while total sales increased by 7.9%, according to BlockShopper.com.

In August 2018, there were 68 homes sold, with a median sale price of $174,750 - a 4.3% increase over the $167,500 median sale price for the same period of the previous year. There were 63 homes sold in McHenry in August 2017.

The median sales tax in McHenry for the most recent year with available data, 2017, was $5,054.80, approximately 2.9% of the median home sale price for August 2018.

The following table compares McHenry 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)
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%
Eastwood Manor3250%$167,000$87,00092%
Wonder Lake21210%$165,000$132,00025%
Woodstock595115.7%$165,000$160,0003.1%
Crystal Gardens31200%$164,000$210,000-21.9%

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