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McHenry Times

Thursday, April 25, 2024

Spring Grove (McHenry County) home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Spring Grove in McHenry County rose by $4,500 while total sales increased by 53.8%, according to BlockShopper.com.

From January through June of 2018, there were 60 homes sold, with a median sale price of $289,500 - a 1.6% increase over the $285,000 median sale price for the same period of the previous year. There were 39 homes sold in Spring Grove in the first half of 2017.

The median sales tax in Spring Grove for the most recent year with available data, 2017, was $8,221, approximately 2.8% of the median home sale price for the first half of 2018.

The following table compares Spring Grove to other McHenry County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Lakewood534420.5%$340,000$379,250-10.3%
Bull Valley1218-33.3%$337,750$342,250-1.3%
Prairie Grove272128.6%$325,000$283,00014.8%
Trout Valley35-40%$310,000$305,0001.6%
Ringwood7616.7%$310,000$267,00016.1%
Spring Grove603953.8%$289,500$285,0001.6%
Port Barrington181163.6%$275,000$270,0001.9%
Fox Lake440%$265,000$356,250-25.6%
Johnsburg5356-5.4%$250,000$209,50019.3%
Fox River Grove433426.5%$245,000$224,0009.4%
Huntley188225-16.4%$240,500$254,500-5.5%
* This story only considers sales data for the part of Spring Grove that is in McHenry County.

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