Mchenry, IL Home Values & Market Trends
Real estate market trends reflect that there have been 796 transactions over the past year in Mchenry. The median value for residential home transactions that occurred over the previous year is $269,646.13. The number of current listings in Mchenry is 35, and the percentage of properties for sale in the city is 35.00%. Mchenry, IL currently has 99 properties in foreclosure, 6 bank owned properties, 14 properties headed for auction, and 35 properties for sale.
Mchenry, IL Real Estate Market Overview
Housing Market Summary for Mchenry, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $240.5K | $269.9K | 12.21% |
| Median Sold Price | $250.5K | $269.9K | 7.73% |
| Homes For Sale | 30 | 33 | 10.00% |
| Homes Sold | 506 | 419 | -17.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mchenry, IL
Browse Homes in Mchenry, IL
Mchenry home values range from $23,155 to $7,160,256. The median estimated value of a home in Mchenry is $269,646.13. The median list price of a home is 287,500, and the total count of properties in the city is 16,315.
- Pre-ForeclosurePre-foreclosure homes account for 0.48% of all residential properties in Mchenry, IL with 60051 containing 61 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Mchenry, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $770,683 in 60051 to the lowest home value of $122,475 in 60050.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mchenry, IL ranges from the highest value of $268,502 in 60050 to the lowest value of $99,597 in 60051. Bank owned homes and properties account for 0.04% of properties in Mchenry, IL. There are 2 zips within Mchenry, IL; 60050 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60050 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Mchenry, IL. Auction homes and other auction properties account for 0.09% of all properties in Mchenry, IL. There are 2 zips within Mchenry, IL; of those zips, the median estimated home value for homes going to auction ranges from $323,770 in 60050 to the lowest value of $111,216 in 60050.
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