Single-Family Homes
Mon Jun 02 2025
This week the median list price for Mchenry, IL 60050 is $360,000 with the market action index hovering around 77. This is about the same as last month's market action index of 77. Inventory has held steady at or around 29.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Median List Price | $360,000 | |
Median Price of New Listings | $359,500 | |
Per Square Foot | $201 | |
Average Days on Market | 32 | |
Median Days on Market | 21 | |
Price Decreased | 34% | |
Price Increased | 0% | |
Relisted | 7% | |
Inventory | 29 | |
Median Rent | ||
Market Action | 77 | |
Strong Seller's Market |
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$529,450 | 2,744 | 1 - 2.5 acres | 3 | 2.8 | 35 | 2 | 1 | 21 |
$379,900 | 2,140 | 0.25 - 0.5 acre | 3 | 2.5 | 48 | 1 | 1 | 35 |
$345,000 | 1,610 | 8,000 - 10,000 sqft | 3 | 2 | 50 | 1 | 1 | 7 |
$240,000 | 1,152 | - | 3 | 1.5 | 66 | 2 | 5 | 35 |