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Lake County Gazette

Thursday, November 28, 2024

Fox River Grove (McHenry County) home prices rise in 2017

Realestate5

The median sale price of a home sold in 2017 in Fox River Grove in McHenry County rose by $28,750 while total sales decreased by 12.2%, according to BlockShopper.com.

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:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Port Barrington22214.8%$277,500$246,00012.8%
Ringwood16160%$267,000$261,0002.3%
Haegers Bend26-66.7%$262,000$112,500132.9%
Huntley439480-8.5%$250,000$235,0006.4%
Algonquin4444157%$231,000$226,0002.2%
Fox River Grove7282-12.2%$230,000$201,25014.3%
Cary336368-8.7%$225,000$210,0007.1%
Lake in the Hills69959317.9%$205,000$195,0005.1%
Oakwood Hills362924.1%$199,750$201,000-0.6%
Emerald Park6520%$197,000$220,500-10.7%
Johnsburg113128-11.7%$197,000$226,750-13.1%
* This story only considers sales data for the part of Fox River Grove that is in McHenry County.

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