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McHenry Times

Monday, November 25, 2024

Crystal Lake 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 Crystal Lake rose by $16,000 while total sales decreased by 11.7%, according to BlockShopper.com.

From July through September of 2018, there were 235 homes sold, with a median sale price of $210,000 - a 8.2% increase over the $194,000 median sale price for the same period of the previous year. There were 266 homes sold in Crystal Lake in the third quarter of 2017.

The median sales tax in Crystal Lake for the most recent year with available data, 2017, was $5,905.70, approximately 2.8% of the median home sale price for the third quarter of 2018.

The following table compares Crystal Lake 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)
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%
Burtons Bridge51400%$172,500$30,000475%
Woodstock15312720.5%$170,000$160,0006.3%
Silver Lake17-85.7%$166,000$195,000-14.9%

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