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McHenry Times

Sunday, May 5, 2024

Oakwood Hills home prices fell in July 2021

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The median sale price of a home sold in July 2021 in Oakwood Hills fell by $74,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In July 2021, there were five homes sold, with a median sale price of $226,000 - a 24.7% decrease over the $300,000 median sale price for the same period of the previous year. There were seven homes sold in Oakwood Hills in July 2020.

The median sales tax in Oakwood Hills for the most recent year with available data, 2019, was $6,195, approximately 2.7% of the median home sale price for July 2021.

The following table compares Oakwood Hills 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)
Prairie Grove62200%$273,000$105,500158.8%
Lake in the Hills8341102.4%$272,000$255,0006.7%
Johnsburg1415-6.7%$256,750$229,00012.1%
Silver Lake110%$245,500$221,50010.8%
Haegers Bend110%$240,000$155,00054.8%
Oakwood Hills57-28.6%$226,000$300,000-24.7%
Woodstock594822.9%$225,000$195,00015.4%
Island Lake155200%$225,000$213,0005.6%
Fox River Grove166166.7%$216,500$232,000-6.7%
McHenry975383%$215,000$200,0007.5%
Crystal Manor20-$202,500$0-

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