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McHenry Times

Saturday, November 23, 2024

Marengo home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Marengo fell by $25,000 while total sales increased by 72.7%, according to BlockShopper.com.

In August 2019, there were 19 homes sold, with a median sale price of $135,000 - a 15.6% decrease over the $160,000 median sale price for the same period of the previous year. There were 11 homes sold in Marengo in August 2018.

The median sales tax in Marengo for the most recent year with available data, 2018, was $4,254, approximately 3.2% of the median home sale price for August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Holiday Hills110%$185,000$120,00054.2%
Woodstock4860-20%$175,000$165,0006.1%
Hebron37-57.1%$157,000$160,000-1.9%
Pistakee Highlands710-30%$154,000$124,50023.7%
Wonder Lake1621-23.8%$140,000$165,000-15.2%
Eastwood Manor23-33.3%$139,750$167,000-16.3%
Marengo191172.7%$135,000$160,000-15.6%
Silver Lake10-$125,000$0-
Harvard16160%$119,500$99,50020.1%
McCullom Lake330%$110,000$163,000-32.5%
Crystal Gardens23-33.3%$103,000$164,000-37.2%

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