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What’s Happened to Real Estate Prices in McHenry County over the Last Five Years?

May 14, 2012 By: Cal Skinner Category: Algonquin, Cary, Chicago Tribune, Fox River Grove, Harvard, Hebron, Home, House, Huntley, Island Lake, Johnsburg, Lake In the Hills, Lakemoor, Lakewood, Marengo, McHenry, McHenry County, Oakwood Hills, Priest, Property, Real Estate, Residence, Richmond, Ringwood, Spring Grove, Union, Value, Wonder Lake, Woodstock

I found the following information on the Chicago Tribune’s Real Estate page on the internet.

It has an interative map of McHenry County (and all other parts of the six-county Chicago metropolitan area) that tells what has happened to real estate values in municipalies with enough sales from which to pull statistics.

Changes in home prices in McHenry County over the last five years (2007-2012). Only Lakewood homes increase in value.

Code for the map above.

In McHenry County, I was surprised that homes in my village of Lakewood (a suburb of Crystal Lake) have held their value better than anywhere else.

  • Lakewood: +17.65% with current median value at $353,250. (Our home is a bit below average.)
  • Crystal Lake: -32.98% with median value at $157,500
  • Huntley: -39.59%, median at $193,000
  • Lake in the Hill: -34.08%, median at $147,000
  • Algonquin: -25%, median at $147,000
  • Cary: -39.77%, median at $156,000
  • Fox River Grove: -42.609%, median at $154,750
  • Oakwood Hills: -18&%, median at $164,000
  • Island Lake: -30.06, median at $114,000
  • Holiday Hills: -100%, but median given at $0, so obviously there is a glitch in the data
  • Woodstock: -42.14$, median at $136,000
  • McHenry: -31%, median $138,000
  • Lakemoor: -29.37%, median $117,250
  • Johnsburg: -48.38, median $175,000
  • Wonder Lake: -27.13%, median $119,500
  • Ringwood: -19,2%, median $201,000
  • Richmond: -36.45%, median $197,000
  • Spring Grove: -33.52, median $232,500
  • Marengo: -42.65%, median $117,000
  • Union: -1.59%, median $310,000 (something seems a bit wonky with the median average number)
  • Harvard: -50.5%, median $99,000
  • Hebron: -31.03%, median $130,000

Other communities have no information.