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McHenry Times

Monday, November 25, 2024

Prairie Grove home prices fall in September 2018

Re 11

The median sale price of a home sold in September 2018 in Prairie Grove fell by $51,250 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In September 2018, there were four homes sold, with a median sale price of $173,750 - a 22.8% decrease over the $225,000 median sale price for the same period of the previous year. There were four homes sold in Prairie Grove in September 2017, as well.

The median sales tax in Prairie Grove for the most recent year with available data, 2017, was $10,416.40, approximately 6% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Johnsburg15147.1%$194,000$164,00018.3%
Pistakee Highlands7475%$186,000$141,00031.9%
Holiday Hills110%$185,000$65,000184.6%
Lake in the Hills48480%$185,000$193,500-4.4%
McHenry4756-16.1%$176,500$170,5003.5%
Prairie Grove440%$173,750$225,000-22.8%
Burtons Bridge10-$172,500$0-
Island Lake14955.6%$168,000$180,000-6.7%
Silver Lake14-75%$166,000$177,500-6.5%
Woodstock413324.2%$162,000$155,5004.2%
Lilymoor10-$160,000$0-

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