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McHenry Times

Wednesday, April 24, 2024

Bull Valley home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Bull Valley rose by $50,250 while total sales decreased by 38.5%, according to BlockShopper.com.

From April through June of 2018, there were eight homes sold, with a median sale price of $362,750 - a 16.1% increase over the $312,500 median sale price for the same period of the previous year. There were 13 homes sold in Bull Valley in the second quarter of 2017.

The median sales tax in Bull Valley for the most recent year with available data, 2017, was $11,721.60, approximately 3.2% of the median home sale price for the second quarter of 2018.

The following table compares Bull Valley to other McHenry County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Barrington Hills7616.7%$413,500$560,750-26.3%
Lakewood33330%$365,000$375,000-2.7%
Bull Valley813-38.5%$362,750$312,50016.1%
Trout Valley23-33.3%$351,500$343,0002.5%
Prairie Grove171513.3%$339,000$290,00016.9%
Ringwood550%$310,000$265,00017%
Spring Grove342630.8%$288,000$287,5000.2%
Port Barrington13862.5%$280,000$267,0004.9%
Emerald Park21100%$275,000$200,00037.5%
Fox Lake40-$265,000$0-
Fox River Grove312147.6%$258,000$245,0005.3%

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