The median sale price of a home sold in September 2020 in Prairie Grove rose by $70,000 while total sales increased by 60%, according to BlockShopper.com.
In September 2020, there were eight homes sold, with a median sale price of $425,000 - a 19.7% increase over the $355,000 median sale price for the same period of the previous year. There were five homes sold in Prairie Grove in September 2019.
The median sales tax in Prairie Grove for the most recent year with available data, 2019, was $9,798, approximately 2.3% of the median home sale price for September 2020.
The following table compares Prairie Grove to other McHenry County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Trout Valley | 1 | 0 | - | $850,000 | $0 | - |
| Barrington Hills | 4 | 1 | 300% | $611,750 | $430,000 | 42.3% |
| Fox Lake | 2 | 2 | 0% | $453,000 | $350,000 | 29.4% |
| Prairie Grove | 8 | 5 | 60% | $425,000 | $355,000 | 19.7% |
| Lakewood | 7 | 6 | 16.7% | $365,000 | $287,500 | 27% |
| Ringwood | 1 | 1 | 0% | $345,000 | $350,000 | -1.4% |
| Spring Grove | 11 | 3 | 266.7% | $330,000 | $305,000 | 8.2% |
| Bull Valley | 4 | 1 | 300% | $325,000 | $187,000 | 73.8% |
| Port Barrington | 3 | 2 | 50% | $286,000 | $261,500 | 9.4% |
| Algonquin | 49 | 41 | 19.5% | $274,000 | $242,000 | 13.2% |
| Richmond | 4 | 2 | 100% | $270,000 | $299,500 | -9.8% |
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