Bull Valley home prices fall in the second quarter of 2020

Medium re 12

The median sale price of a home sold in the second quarter of 2020 in Bull Valley fell by $31,500 while total sales increased by 75%, according to BlockShopper.com.

From April through June of 2020, there were seven homes sold, with a median sale price of $346,000 - a 8.3% decrease over the $377,500 median sale price for the same period of the previous year. There were four homes sold in Bull Valley in the second quarter of 2019.

The median sales tax in Bull Valley for the most recent year with available data, 2018, was $11,640, approximately 3.4% of the median home sale price for the second quarter of 2020.

The following table compares Bull Valley to other McHenry County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Barrington Hills58-37.5%$420,000$511,000-17.8%
Trout Valley37-57.1%$389,000$310,00025.5%
Prairie Grove1011-9.1%$370,000$370,0000%
Bull Valley7475%$346,000$377,500-8.3%
Spring Grove1829-37.9%$334,000$267,00025.1%
Fox Lake25-60%$298,500$334,000-10.6%
Port Barrington6450%$279,000$263,7505.8%

Blockshopper green logo