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Monday, January 13, 2025

Pricing for the median home in Harvard increased during the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Harvard rose by $32,000 while total sales decreased by 25.9%, according to BlockShopper.com.

From January through March of 2022, there were 20 homes sold, with a median sale price of $165,000 - a 24.1% increase over the $133,000 median sale price for the same period of the previous year. There were 27 homes sold in Harvard in the first quarter of 2021.

The median sales tax in Harvard for the most recent year with available data, 2019, was $3,616, approximately 2.2% of the median home sale price for the first quarter of 2022.

The following table compares Harvard to other McHenry County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Island Lake16156.7%$200,750$182,00010.3%
Eastwood Manor58-37.5%$200,000$204,500-2.2%
Pistakee Highlands2023-13%$200,000$160,00025%
Marengo3040-25%$197,500$173,25014%
Crystal Manor18-87.5%$190,000$173,2509.7%
Wonder Lake4952-5.8%$180,000$155,00016.1%
Crystal Gardens13-66.7%$175,000$205,000-14.6%
Harvard2027-25.9%$165,000$133,00024.1%
Wonder Center330%$155,000$112,00038.4%
Pistakee41300%$152,500$125,00022%
Hebron36-50%$113,500$164,250-30.9%

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