From January through December of 2017, there were 72 homes sold, with a median sale price of $230,000 - a 14.3% increase over the $201,250 median sale price for the previous year. There were 82 homes sold in Fox River Grove in 2016.
The median sales tax in Fox River Grove for 2017 was $7,103. In 2016, the median sales tax was $7,007. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.
The following table compares Fox River Grove to other McHenry County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Port Barrington | 22 | 21 | 4.8% | $277,500 | $246,000 | 12.8% |
Ringwood | 16 | 16 | 0% | $267,000 | $261,000 | 2.3% |
Haegers Bend | 2 | 6 | -66.7% | $262,000 | $112,500 | 132.9% |
Huntley | 439 | 480 | -8.5% | $250,000 | $235,000 | 6.4% |
Algonquin | 444 | 415 | 7% | $231,000 | $226,000 | 2.2% |
Fox River Grove | 72 | 82 | -12.2% | $230,000 | $201,250 | 14.3% |
Cary | 336 | 368 | -8.7% | $225,000 | $210,000 | 7.1% |
Lake in the Hills | 699 | 593 | 17.9% | $205,000 | $195,000 | 5.1% |
Oakwood Hills | 36 | 29 | 24.1% | $199,750 | $201,000 | -0.6% |
Emerald Park | 6 | 5 | 20% | $197,000 | $220,500 | -10.7% |
Johnsburg | 113 | 128 | -11.7% | $197,000 | $226,750 | -13.1% |