Cary (McHenry County) home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Cary in McHenry County rose by $39,000 while total sales increased by 12.6%, according to BlockShopper.com.

From July through September of 2020, there were 107 homes sold, with a median sale price of $258,000 - a 17.8% increase over the $219,000 median sale price for the same period of the previous year. There were 95 homes sold in Cary in the third quarter of 2019.

The median sales tax in Cary for the most recent year with available data, 2019, was $6,902, approximately 2.7% of the median home sale price for the third quarter of 2020.

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

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Port Barrington7475%$280,000$261,5007.1%
Algonquin1481433.5%$275,000$258,0006.6%
Huntley125142-12%$272,000$250,2508.7%
Richmond78-12.5%$270,000$224,00020.5%
Lake in the Hills1621517.3%$259,500$219,00018.5%
Cary1079512.6%$258,000$219,00017.8%
Fox River Grove26248.3%$255,000$233,7509.1%
Oakwood Hills196216.7%$245,000$242,5001%
Crystal Lake212246-13.8%$232,250$218,0006.5%
Johnsburg3747-21.3%$227,000$245,000-7.3%
Silver Lake35-40%$221,500$125,00077.2%
* This story only considers sales data for the part of Cary that is in McHenry County.

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