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McHenry Times

Friday, December 27, 2024

The first quarter of 2022: Burtons Bridge experienced a 3.3% increase in median home prices

Realestate1

The median sale price of a home sold in the first quarter of 2022 in Burtons Bridge rose by $7,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2022, there were two homes sold, with a median sale price of $235,500 - a 3.3% increase over the $228,000 median sale price for the same period of the previous year. There were two homes sold in Burtons Bridge in the first quarter of 2021, as well.

The median sales tax in Burtons Bridge for the most recent year with available data, 2019, was $4,186, approximately 1.8% of the median home sale price for the first quarter of 2022.

The following table compares Burtons Bridge 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)
Huntley6989-22.5%$275,000$270,0001.9%
Holiday Hills3250%$262,000$103,000154.4%
Crystal Lake147197-25.4%$262,000$240,0009.2%
Fox River Grove1519-21.1%$260,000$237,0009.7%
Silver Lake46-33.3%$242,500$182,50032.9%
Burtons Bridge220%$235,500$228,0003.3%
Woodstock98104-5.8%$232,500$218,2506.5%
Cary5673-23.3%$215,250$232,000-7.2%
McHenry130173-24.9%$215,250$197,5009%
Richmond11110%$211,000$158,50033.1%
McCullom Lake57-28.6%$205,000$147,50039%

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