Mchenry, IL Home Values & Market Trends

Real estate market trends reflect that there have been 41 transactions over the past year in Mchenry. The median value for residential home transactions that occurred over the previous year is $379,817. The number of current listings in Mchenry is 26, and the percentage of properties for sale in the city is 26.00%. Mchenry, IL currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 26 properties for sale.

Mchenry, IL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
60051

$ 291,602

$ 194/sqft

60050

$ 423,918

$ 317/sqft

Housing Market Summary for Mchenry, IL

Sep 2025September 2026Change
Median Listing Price$324.9K$329.9K1.55%
Median Sold Price$312.6K$435.3K39.27%
Homes For Sale41539-90.60%
Homes Sold41320-95.16%
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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%.

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Browse Homes in Mchenry, IL

Mchenry home values range from $85,964 to $816,332. The median estimated value of a home in Mchenry is $379,817. The median list price of a home is 311,000, and the total count of properties in the city is 44.

Foreclosure
There are 2 zips within Mchenry, IL; within these zips, the median estimated home value for homes in foreclosure ranges from $522,383 in 60051 to the lowest value of $240,075 in 60051. Foreclosure homes account for 6.00% of properties in Mchenry, IL with 60051 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 6.82% of all residential properties in Mchenry, IL with 60051 containing 7 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 $522,383 in 60051 to the lowest home value of $240,075 in 60051.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mchenry, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Mchenry, IL. There are 2 zips within Mchenry, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 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% 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 $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 59.09% of residential properties in Mchenry, IL with 60051 containing 69 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Mchenry, IL; homes for sale in those zips, have a range of median values from $590,000 in 60050 to the lowest value of $82,500 in 60051.
    Sold Homes
    The median value for recently sold homes ranges from $537,983 in 60050 to the lowest price of $40,587 in 60050. There are 2 zips within Mchenry, IL. 60051 has 30 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 27.27% of properties in Mchenry, IL.

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      Guide for Mchenry, IL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.