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McHenry Times

Thursday, April 25, 2024

Hebron home prices fall 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 Hebron fell by $7,231.18 while total sales increased by 40%, according to BlockShopper.com.

From April through June of 2018, there were seven homes sold, with a median sale price of $142,768.82 - a 4.8% decrease over the $150,000 median sale price for the same period of the previous year. There were five homes sold in Hebron in the second quarter of 2017.

The median sales tax in Hebron for the most recent year with available data, 2017, was $3,208.20, approximately 2.2% of the median home sale price for the second quarter of 2018.

The following table compares Hebron 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)
Crystal Manor550%$156,000$132,00018.2%
Holiday Hills4333.3%$155,750$140,00011.3%
Lakemoor16160%$151,250$141,0007.3%
Wonder Lake5767-14.9%$148,000$141,0005%
Eastwood Manor9728.6%$147,000$142,0003.5%
Hebron7540%$142,768.82$150,000-4.8%
Pistakee Highlands1726-34.6%$140,000$142,500-1.8%
Harvard3542-16.7%$137,000$116,25017.8%
McCullom Lake57-28.6%$136,500$77,50076.1%
Richmond251656.3%$135,500$161,750-16.2%
Pistakee41300%$134,000$122,0009.8%

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