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McHenry Times

Tuesday, November 26, 2024

Marengo home prices rise in November 2019

Re 13

The median sale price of a home sold in November 2019 in Marengo rose by $51,000 while total sales increased by 44.4%, according to BlockShopper.com.

In November 2019, there were 13 homes sold, with a median sale price of $188,000 - a 37.2% increase over the $137,000 median sale price for the same period of the previous year. There were nine homes sold in Marengo in November 2018.

The median sales tax in Marengo for the most recent year with available data, 2018, was $4,254, approximately 2.3% of the median home sale price for November 2019.

The following table compares Marengo to other McHenry County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Crystal Lake57561.8%$230,000$205,00012.2%
Johnsburg121020%$224,750$185,75021%
Lake in the Hills3846-17.4%$224,000$244,000-8.2%
Port Barrington10-$220,000$0-
Fox River Grove45-20%$188,500$230,000-18%
Marengo13944.4%$188,000$137,00037.2%
Woodstock3137-16.2%$180,000$162,00011.1%
Crystal Manor110%$176,000$177,000-0.6%
Lakemoor56-16.7%$172,500$180,000-4.2%
Hebron12-50%$168,000$144,75016.1%
McHenry4042-4.8%$162,250$164,000-1.1%

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