Altos Market Data for Realtors

Mchenry, IL

Single-Family Homes

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Mchenry, IL

Sat Jul 05 2025
This week the median list price for Mchenry, IL is $339,000 with the market action index hovering around 55. This is less than last month's market action index of 60. Inventory has held steady at or around 61. Click here to stay informed with the Mchenry market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mchenry, IL

Sat Jul 05 2025
This week the median list price for Mchenry, IL is $339,000 with the market action index hovering around 55. This is less than last month's market action index of 60. Inventory has held steady at or around 61. Click here to stay informed with the Mchenry market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mchenry market.
Median List Price $339,000
Median Price of New Listings $319,000
Per Square Foot $220
Average Days on Market 48
Median Days on Market 28
Price Decreased 46%
Price Increased 0%
Relisted 23%
Inventory 61
Median Rent
Market Action 55
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$717,450 2,935 0.25 - 0.5 acre 4 3.3 50 2 6 49
$429,500 2,139 0.25 - 0.5 acre 3 2 47 1 4 28
$319,000 1,705 8,000 - 10,000 sqft 3 2 68 4 3 14
$249,000 1,100 6,500 - 8,000 sqft 3 1 67 2 4 28