From January through March of 2022, there were 10 homes sold, with a median sale price of $412,500 - a 20.4% increase over the $342,500 median sale price for the same period of the previous year. There were 12 homes sold in Prairie Grove in the first quarter of 2021.
The median sales tax in Prairie Grove for the most recent year with available data, 2019, was $9,798, approximately 2.4% of the median home sale price for the first quarter of 2022.
The following table compares Prairie Grove to other McHenry County cities with similar median sale prices in the first quarter of 2022:
| City | Jan. - Mar. 2022 Home Sales | Jan. - Mar. 2021 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2022 Median Sales Price | Jan. - Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Barrington Hills | 8 | 14 | -42.9% | $757,500 | $525,000 | 44.3% |
| Bull Valley | 4 | 4 | 0% | $522,500 | $337,500 | 54.8% |
| Prairie Grove | 10 | 12 | -16.7% | $412,500 | $342,500 | 20.4% |
| Trout Valley | 2 | 1 | 100% | $387,500 | $380,000 | 2% |
| Spring Grove | 23 | 29 | -20.7% | $365,000 | $350,000 | 4.3% |
| Port Barrington | 4 | 4 | 0% | $360,000 | $294,000 | 22.4% |
| Fox Lake | 2 | 2 | 0% | $348,500 | $455,000 | -23.4% |
| Lakewood | 22 | 32 | -31.3% | $322,500 | $416,250 | -22.5% |
| Fox River Shores | 4 | 4 | 0% | $302,500 | $143,000 | 111.5% |
| Oakwood Hills | 5 | 17 | -70.6% | $300,000 | $265,000 | 13.2% |
| Johnsburg | 28 | 32 | -12.5% | $298,000 | $300,000 | -0.7% |
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