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McHenry Times

Tuesday, November 26, 2024

Prairie Grove home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Prairie Grove rose by $181,250 while total sales increased by 100%, according to BlockShopper.com.

In November 2019, there were six homes sold, with a median sale price of $401,250 - a 82.4% increase over the $220,000 median sale price for the same period of the previous year. There were three homes sold in Prairie Grove in November 2018.

The median sales tax in Prairie Grove for the most recent year with available data, 2018, was $10,477, approximately 2.6% of the median home sale price for November 2019.

The following table compares Prairie Grove 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)
Barrington Hills31200%$643,000$675,000-4.7%
Bull Valley13-66.7%$434,000$550,000-21.1%
Prairie Grove63100%$401,250$220,00082.4%
Lakewood115120%$370,000$381,500-3%
Spring Grove990%$330,000$297,50010.9%
Huntley362263.6%$260,000$243,5006.8%
Oakwood Hills550%$258,000$182,00041.8%
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%

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