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McHenry Times

Monday, May 6, 2024

What happened to the median home price in Marengo during July 2021?

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The median sale price of a home sold in July 2021 in Marengo fell by $2,500 while total sales increased by 100%, according to BlockShopper.com.

In July 2021, there were 20 homes sold, with a median sale price of $177,500 - a 1.4% decrease over the $180,000 median sale price for the same period of the previous year. There were 10 homes sold in Marengo in July 2020.

The median sales tax in Marengo for the most recent year with available data, 2019, was $4,577, approximately 2.6% of the median home sale price for July 2021.

The following table compares Marengo to other McHenry County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Lakemoor911-18.2%$191,000$310,000-38.4%
Fox River Shores20-$190,750$0-
Holiday Hills30-$190,000$0-
Pistakee Highlands141040%$183,500$162,50012.9%
Union21100%$182,500$176,5003.4%
Marengo2010100%$177,500$180,000-1.4%
Wonder Lake29277.4%$168,000$198,000-15.2%
Hebron41300%$162,500$165,000-1.5%
Eastwood Manor10-$160,000$0-
Harvard16160%$157,000$122,50028.2%
McCullom Lake12-50%$123,000$125,250-1.8%

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