Prairie Grove home prices fall in October 2020

Medium realestate2

The median sale price of a home sold in October 2020 in Prairie Grove fell by $90,000 while total sales increased by 33.3%, according to

In October 2020, there were four homes sold, with a median sale price of $187,000 - a 32.5% decrease over the $277,000 median sale price for the same period of the previous year. There were three homes sold in Prairie Grove in October 2019.

The median sales tax in Prairie Grove for the most recent year with available data, 2019, was $9,798, approximately 5.2% of the median home sale price for October 2020.

The following table compares Prairie Grove to other McHenry County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Crystal Lake756515.4%$225,000$215,5004.4%
Eastwood Manor110%$205,000$154,00033.1%
Silver Lake110%$190,000$175,0008.6%
Wonder Lake1517-11.8%$187,000$138,00035.5%
Prairie Grove4333.3%$187,000$277,000-32.5%
Crystal Manor330%$185,000$165,50011.8%
McCullom Lake21100%$185,000$49,000277.6%
Pistakee Highlands660%$176,500$160,00010.3%

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