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McHenry Times

Monday, November 25, 2024

Algonquin (McHenry County) home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Algonquin in McHenry County rose by $1,000 while total sales increased by 10.1%, according to BlockShopper.com.

From July through September of 2018, there were 142 homes sold, with a median sale price of $226,000 - a 0.4% increase over the $225,000 median sale price for the same period of the previous year. There were 129 homes sold in Algonquin in the third quarter of 2017.

The median sales tax in Algonquin for the most recent year with available data, 2017, was $6,495.10, approximately 2.9% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Huntley111133-16.5%$250,000$255,000-2%
Port Barrington58-37.5%$235,000$292,000-19.5%
Oakwood Hills145180%$230,000$241,000-4.6%
Cary1121083.7%$228,000$242,000-5.8%
Fox River Grove2223-4.3%$227,000$238,000-4.6%
Algonquin14212910.1%$226,000$225,0000.4%
Johnsburg39382.6%$226,000$210,2507.5%
Lake in the Hills181198-8.6%$218,000$214,2501.8%
Crystal Lake235266-11.7%$210,000$194,0008.2%
Haegers Bend110%$210,000$370,000-43.2%
McHenry178181-1.7%$175,500$170,0003.2%
* This story only considers sales data for the part of Algonquin that is in McHenry County.

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