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McHenry Times

Saturday, April 20, 2024

Prairie Grove home prices rise in February 2019

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The median sale price of a home sold in February 2019 in Prairie Grove rose by $85,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In February 2019, there were two homes sold, with a median sale price of $595,000 - a 16.7% increase over the $510,000 median sale price for the same period of the previous year. There were three homes sold in Prairie Grove in February 2018.

The median sales tax in Prairie Grove for the most recent year with available data, 2018, was $10,501, approximately 1.8% of the median home sale price for February 2019.

The following table compares Prairie Grove to other McHenry County cities with similar median sales prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Barrington Hills20-$618,000$0-
Prairie Grove23-33.3%$595,000$510,00016.7%
Haegers Bend10-$380,000$0-
Oakwood Hills25-60%$343,000$190,00080.5%
Huntley1013-23.1%$267,000$247,5007.9%
Lakewood81700%$246,000$69,500254%
Algonquin17170%$240,000$267,000-10.1%
Marengo35-40%$222,000$124,00079%
Silver Lake12-50%$207,000$132,00056.8%
Cary1422-36.4%$205,500$202,0001.7%
Johnsburg5425%$199,000$205,000-2.9%

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