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Kane County Reporter

Monday, November 25, 2024

Huntley (McHenry County) home prices rise in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Huntley in McHenry County rose by $35,000 while total sales increased by 39%, according to BlockShopper.com.

In May 2017, there were 57 homes sold, with a median sale price of $255,000 - a 15.9% increase over the $220,000 median sale price for the same period of the previous year. There were 41 homes sold in Huntley in May 2016.

The median sales tax in Huntley for 2017 was $6,068.40. In 2016, the median sales tax was $6,118.80. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Huntley to other McHenry County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Prairie Grove46-33.3%$382,512.50$327,75016.7%
Lakewood813-38.5%$316,000$320,000-1.3%
Bull Valley41300%$301,250$475,000-36.6%
Port Barrington34-25%$275,000$277,500-0.9%
Spring Grove14875%$272,500$267,5001.9%
Huntley574139%$255,000$220,00015.9%
Cary2835-20%$238,750$232,5002.7%
Burtons Bridge10-$237,500$0-
Algonquin493063.3%$233,000$225,7503.2%
Johnsburg10666.7%$230,000$196,00017.3%
Lake in the Hills786716.4%$217,500$207,0005.1%
* This story only considers sales data for the part of Huntley that is in McHenry County.

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