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McHenry Times

Monday, November 25, 2024

Huntley (McHenry County) home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Huntley in McHenry County rose by $18,500 while total sales decreased by 9.8%, according to BlockShopper.com.

From January through March of 2017, there were 74 homes sold, with a median sale price of $246,500 - a 8.1% increase over the $228,000 median sale price for the same period of the previous year. There were 82 homes sold in Huntley in the first quarter of 2016.

The median sales tax in Huntley for 2017 was $6,068.40. In 2016, the median sales tax was $6,118.80. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Huntley to other McHenry County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Fox Lake41300%$356,250$21,5001557%
Ringwood10-$350,000$0-
Trout Valley220%$295,500$215,00037.4%
Spring Grove13130%$285,000$220,00029.5%
Port Barrington3250%$270,000$262,0003.1%
Huntley7482-9.8%$246,500$228,0008.1%
Prairie Grove67-14.3%$220,500$294,000-25%
Algonquin6466-3%$219,000$216,0001.4%
Fox River Grove13944.4%$215,000$202,5936.1%
Oakwood Hills93200%$196,000$195,0000.5%
Cary6467-4.5%$190,500$200,000-4.8%
* This story only considers sales data for the part of Huntley that is in McHenry County.

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