Mchenry County, IL Home Values & Market Trends
The median home price in Mchenry County, IL is $315,310.8. There were 5,086 home sales in Mchenry County, IL over the past 12 months. The median residential Mchenry County, IL home value for transactions over the previous year is $278,486.557. The number of current listings in Mchenry County, IL is 164, and the percentage of properties for sale is 164.00%. The county has 563 foreclosures, 20 bank owned properties, 62 headed for auction, and 164 properties for sale.
Mchenry County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Mchenry | $ 269,875 $ 165/sqft | Spring Grove | $ 472,573 $ 183/sqft |
| Crystal Lake | $ 332,019 $ 181/sqft | Cary | $ 291,778 $ 191/sqft |
| Huntley | $ 350,000 $ 188/sqft | Fox River Grove | $ 361,597 $ 188/sqft |
| Algonquin | $ 373,162 $ 159/sqft | Union | $ 297,122 $ 111/sqft |
| Lake In The Hills | $ 344,184 $ 170/sqft | Harvard | $ 252,673 $ 115/sqft |
| Woodstock | $ 245,395 $ 166/sqft | Ringwood | $ 650,066 $ 128/sqft |
| Marengo | $ 348,493 $ 169/sqft | Richmond | $ 290,136 $ 103/sqft |
| Wonder Lake | $ 252,100 $ 194/sqft | Hebron | $ -- $ -- |
Housing Market Summary for Mchenry County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $300K | $308.4K | 2.80% |
| Median Sold Price | $299.6K | $308.4K | 2.93% |
| Homes For Sale | 151 | 126 | -16.56% |
| Homes Sold | 3,286 | 2,801 | -14.76% |
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 County, IL
Browse Homes in Mchenry County, IL
Mchenry County, IL home values range from $20,330 to $7,643,699. Ringwood is the priciest city with a median listing home price of $549,900, and Harvard is most affordable with average house prices of around $224,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.44% of all residential properties in Mchenry County, IL with Mchenry containing 73 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Mchenry County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $770,683 in Huntley to the lowest home value of $108,369 in Wonder Lake.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mchenry County, IL ranges from the highest value of $742,022 in Algonquin to the lowest value of $134,467 in Lake In The Hills. Bank owned homes and properties account for 0.02% of properties in Mchenry County, IL. There are 16 cities within Mchenry County, IL; Cary containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMchenry has 13 auction properties, the highest number of properties going to auction in a single city in the state of Mchenry County, IL. Auction homes and other auction properties account for 0.06% of all properties in Mchenry County, IL. There are 16 cities within Mchenry County, IL; of those cities, the median estimated home value for homes going to auction ranges from $600,480 in Huntley to the lowest value of $99,547 in Huntley.
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