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McHenry Times

Tuesday, November 26, 2024

Lake in the Hills home prices fall in November 2019

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The median sale price of a home sold in November 2019 in Lake in the Hills fell by $20,000 while total sales decreased by 17.4%, according to BlockShopper.com.

In November 2019, there were 38 homes sold, with a median sale price of $224,000 - a 8.2% decrease over the $244,000 median sale price for the same period of the previous year. There were 46 homes sold in Lake in the Hills in November 2018.

The median sales tax in Lake in the Hills for the most recent year with available data, 2018, was $6,118, approximately 2.7% of the median home sale price for November 2019.

The following table compares Lake in the Hills 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)
Richmond110%$250,000$226,50010.4%
Cary30287.1%$247,500$219,50012.8%
Algonquin2730-10%$242,000$223,5008.3%
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%

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