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McHenry Times

Monday, November 25, 2024

Marengo home prices rise in September 2018

Realestate5

The median sale price of a home sold in September 2018 in Marengo rose by $4,500 while total sales decreased by 12.5%, according to BlockShopper.com.

In September 2018, there were seven homes sold, with a median sale price of $159,000 - a 2.9% increase over the $154,500 median sale price for the same period of the previous year. There were eight homes sold in Marengo in September 2017.

The median sales tax in Marengo for the most recent year with available data, 2017, was $4,099.80, approximately 2.6% of the median home sale price for September 2018.

The following table compares Marengo 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)
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-
Marengo78-12.5%$159,000$154,5002.9%
Crystal Manor12-50%$159,000$115,00038.3%
Wonder Lake272128.6%$155,000$148,5004.4%
Hebron31200%$150,000$170,000-11.8%
Harvard126100%$147,000$98,00050%
Fox River Shores110%$145,000$150,000-3.3%

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