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McHenry Times

Thursday, November 7, 2024

Marengo home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Marengo fell by $18,750 while total sales decreased by 35.7%, according to BlockShopper.com.

In November 2018, there were nine homes sold, with a median sale price of $137,000 - a 12% decrease over the $155,750 median sale price for the same period of the previous year. There were 14 homes sold in Marengo in November 2017.

The median sales tax in Marengo for the most recent year with available data, 2017, was $4,099.80, approximately 3% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Silver Lake10-$160,000$0-
Wonder Lake1319-31.6%$160,000$143,50011.5%
Woodstock362638.5%$159,000$125,00027.2%
McCullom Lake10-$145,000$0-
Hebron25-60%$144,750$75,00093%
Pistakee Highlands660%$141,500$125,50012.7%
Marengo914-35.7%$137,000$155,750-12%
Crystal Gardens21100%$125,500$110,00014.1%
Wonder Center10-$102,000$0-
Harvard9580%$95,000$90,0005.6%
Fox River Shores110%$75,000$220,000-65.9%

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