Is Johnsburg / McHenry, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Johnsburg / McHenry has remained a Seller's Market.
Housing Prices in Johnsburg / McHenry, IL
How much do homes in Johnsburg / McHenry, IL cost?
Median Sold Price
$385,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Johnsburg / McHenry was $385,000 in April 2024, up 24.2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $350K | N/A |
2 Bedrooms | $232.5K | $310K | +33.3% |
3 Bedrooms | $314.5K | $350K | +11.3% |
4 Bedrooms | $399.9K | $492.5K | +23.1% |
5+ Bedrooms | $625K | $612K | -2.1% |
Summary: Johnsburg / McHenry housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 2.1%.
Housing Supply in Johnsburg / McHenry, IL
How many homes are available in Johnsburg / McHenry, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The Johnsburg / McHenry real estate market had 27 homes for sale in April 2024, a 3.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 8 | 6 | -25.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Johnsburg / McHenry housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Johnsburg / McHenry in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Johnsburg / McHenry, IL
How long does it take to sell a home in Johnsburg / McHenry, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 118 Days | +202.6% |
Summary: Homes in Johnsburg / McHenry had an average of 118 days on market in Apr 2024, up by 202.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Johnsburg / McHenry; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.