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McHenry Times

Saturday, November 23, 2024

Prairie Grove home prices fall in August 2019

Re 9

The median sale price of a home sold in August 2019 in Prairie Grove fell by $140,000 while total sales increased by 28.6%, according to BlockShopper.com.

In August 2019, there were nine homes sold, with a median sale price of $330,000 - a 29.8% decrease over the $470,000 median sale price for the same period of the previous year. There were seven homes sold in Prairie Grove in August 2018.

The median sales tax in Prairie Grove for the most recent year with available data, 2018, was $10,477, approximately 3.2% of the median home sale price for August 2019.

The following table compares Prairie Grove 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)
Barrington Hills330%$620,000$292,000112.3%
Bull Valley12-50%$372,000$322,50015.3%
Ringwood220%$367,250$132,500177.2%
Oakwood Hills27-71.4%$332,500$250,00033%
Prairie Grove9728.6%$330,000$470,000-29.8%
Port Barrington12-50%$290,000$297,500-2.5%
Spring Grove11110%$285,000$297,000-4%
Algonquin4654-14.8%$263,250$226,00016.5%
Fox River Grove141040%$258,500$210,50022.8%
Huntley564914.3%$258,000$250,0003.2%
Lakewood916-43.8%$250,000$382,500-34.6%

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