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McHenry Times

Thursday, April 25, 2024

Woodstock home prices rise in the first half of 2017

Realestate1

The median sale price of a home sold in the first half of 2017 in Woodstock rose by $10,500 while total sales increased by 8.1%, according to BlockShopper.com.

From January through June of 2017, there were 214 homes sold, with a median sale price of $156,000 - a 7.2% increase over the $145,500 median sale price for the same period of the previous year. There were 198 homes sold in Woodstock in the first half of 2016.

The median sales tax in Woodstock for 2017 was $4,660. In 2016, the median sales tax was $4,648. This marks an increase of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Crystal Lake3843635.8%$194,500$185,0005.1%
Emerald Park220%$175,000$173,2501%
Burtons Bridge90-$175,000$0-
McHenry28926210.3%$168,000$143,00017.5%
Silver Lake880%$157,500$137,25014.8%
Woodstock2141988.1%$156,000$145,5007.2%
Haegers Bend15-80%$154,000$70,000120%
Island Lake4958-15.5%$150,000$139,0007.9%
Pistakee4333.3%$146,000$91,50059.6%
Pistakee Highlands33323.1%$145,000$132,0009.8%
Marengo635318.9%$142,000$148,000-4.1%

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