Is McHenry, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2022
Since last year, McHenry has remained a Seller's Market.
How much do homes in McHenry, IL cost?
Median Sold Price
$250,972
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2022
Median Sold Price By Bedroom Count
# BEDS | Apr 2022 | Apr 2023 | % |
---|---|---|---|
1 Bedroom | $86.2K | $94.7K | +9.8% |
2 Bedrooms | $177.2K | $200K | +12.8% |
3 Bedrooms | $255K | $270.1K | +5.9% |
4 Bedrooms | $330.5K | $349.8K | +5.9% |
5+ Bedrooms | $330K | $306K | -7.3% |
Median Sold Price Compared To Nearby Cities
Lakemoor | $193K | $215K | +11.4% |
McHenry Township | $229K | $245.3K | +7.1% |
Johnsburg | $285K | $299.9K | +5.2% |
McHenry | $240K | $250.9K | +4.6% |
How many homes are available in McHenry, IL?
Number of Homes For Sale
Mar 2023 | Apr 2023 | % |
---|---|---|
181 | 177 | -2.2% |
Homes For Sale By Bedroom Count
# BEDS | Mar 2023 | Apr 2023 | % |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 53 | 54 | +1.9% |
3 Bedrooms | 79 | 78 | -1.3% |
4 Bedrooms | 40 | 32 | -20.0% |
5+ Bedrooms | 7 | 11 | +57.1% |
Number of Homes Sold
Mar 2023 | Apr 2023 | % |
---|---|---|
50 | 75 | +50.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Average Sale Time
Apr 2022 | Apr 2023 | % |
---|---|---|
8 Days | 17 Days | +106.2% |
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days