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McHenry Times

Saturday, November 23, 2024

Ringwood home prices rise in August 2019

Re 11

The median sale price of a home sold in August 2019 in Ringwood rose by $234,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In August 2019, there were two homes sold, with a median sale price of $367,250 - a 177.2% increase over the $132,500 median sale price for the same period of the previous year. There were two homes sold in Ringwood in August 2018, as well.

The median sales tax in Ringwood for the most recent year with available data, 2018, was $7,725, approximately 2.1% of the median home sale price for August 2019.

The following table compares Ringwood 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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