The median sale price of a home sold in July 2020 in Marengo rose by $25,000 while total sales decreased by 9.1%, according to BlockShopper.com.
In July 2020, there were 10 homes sold, with a median sale price of $180,000 - a 16.1% increase over the $155,000 median sale price for the same period of the previous year. There were 11 homes sold in Marengo in July 2019.
The median sales tax in Marengo for the most recent year with available data, 2019, was $4,577, approximately 2.5% of the median home sale price for July 2020.
The following table compares Marengo to other McHenry County cities with similar median sales prices in July 2020:
City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Island Lake | 5 | 11 | -54.5% | $213,000 | $212,000 | 0.5% |
McHenry | 53 | 79 | -32.9% | $200,000 | $190,000 | 5.3% |
Wonder Lake | 27 | 14 | 92.9% | $198,000 | $143,750 | 37.7% |
Woodstock | 48 | 38 | 26.3% | $195,000 | $171,500 | 13.7% |
Lilymoor | 1 | 1 | 0% | $190,000 | $160,000 | 18.8% |
Marengo | 10 | 11 | -9.1% | $180,000 | $155,000 | 16.1% |
Union | 1 | 1 | 0% | $176,500 | $65,000 | 171.5% |
Hebron | 1 | 4 | -75% | $165,000 | $79,000 | 108.9% |
Pistakee Highlands | 10 | 3 | 233.3% | $162,500 | $109,000 | 49.1% |
Crystal Gardens | 1 | 0 | - | $160,000 | $0 | - |
Haegers Bend | 1 | 2 | -50% | $155,000 | $211,250 | -26.6% |