Oakwood Hills home prices rise in October 2020

Medium realestate2

The median sale price of a home sold in October 2020 in Oakwood Hills rose by $5,000 while total sales increased by 57.1%, according to BlockShopper.com.

In October 2020, there were 11 homes sold, with a median sale price of $246,000 - a 2.1% increase over the $241,000 median sale price for the same period of the previous year. There were seven homes sold in Oakwood Hills in October 2019.

The median sales tax in Oakwood Hills for the most recent year with available data, 2019, was $6,195, approximately 2.5% of the median home sale price for October 2020.

The following table compares Oakwood Hills 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)
Huntley5425116%$287,250$250,00014.9%
Cary372737%$276,000$253,0009.1%
Johnsburg181520%$274,000$248,00010.5%
Algonquin504025%$273,500$230,00018.9%
Fox River Grove57-28.6%$272,000$185,00047%
Oakwood Hills11757.1%$246,000$241,0002.1%
Lake in the Hills694650%$232,000$236,500-1.9%
Crystal Lake756515.4%$225,000$215,5004.4%
McHenry694650%$205,000$158,00029.7%
Eastwood Manor110%$205,000$154,00033.1%
Silver Lake110%$190,000$175,0008.6%

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