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McHenry Times

Sunday, May 5, 2024

How did home prices perform in Bull Valley during July 2021?

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The median sale price of a home sold in July 2021 in Bull Valley rose by $70,000 while total sales decreased by 50%, according to BlockShopper.com.

In July 2021, there were three homes sold, with a median sale price of $385,000 - a 22.2% increase over the $315,000 median sale price for the same period of the previous year. There were six homes sold in Bull Valley in July 2020.

The median sales tax in Bull Valley for the most recent year with available data, 2019, was $11,287, approximately 2.9% of the median home sale price for July 2021.

The following table compares Bull Valley 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)
Trout Valley31200%$580,000$380,00052.6%
Ringwood10-$558,000$0-
Barrington Hills330%$520,000$675,000-23%
Lakewood10825%$424,000$412,5002.8%
Bull Valley36-50%$385,000$315,00022.2%
Spring Grove131030%$370,000$342,5008%
Port Barrington31200%$370,000$242,00052.9%
Algonquin794864.6%$305,000$292,5004.3%
Crystal Lake1097251.4%$295,000$229,00028.8%
Huntley564136.6%$295,000$280,0005.4%
Cary464015%$281,000$249,50012.6%

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