Marengo home prices rise in July 2020

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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

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:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Island Lake511-54.5%$213,000$212,0000.5%
Wonder Lake271492.9%$198,000$143,75037.7%
Pistakee Highlands103233.3%$162,500$109,00049.1%
Crystal Gardens10-$160,000$0-
Haegers Bend12-50%$155,000$211,250-26.6%

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