Altos Market Data for Realtors

Mchenry, IL

Single-Family Homes

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Mchenry, IL

Tue Sep 21 2021
This week the median list price for Mchenry, IL is $264,950 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has decreased to 82. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Mchenry, IL

Tue Sep 21 2021
This week the median list price for Mchenry, IL is $264,950 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has decreased to 82. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Mchenry market.
Median List Price $264,950
Median Price of New Listings $214,900
Per Square Foot $150
Average Days on Market 90
Median Days on Market 35
Price Decreased 41%
Price Increased 5%
Relisted 17%
Inventory 82
Median Rent $2,300
Market Action 56
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$422,064 2,772 0.5 - 1 acre 4 2 16 1 3 45
$348,200 2,403 0.25 - 0.5 acre 3 2 26 1 3 49
$219,900 1,440 0.25 - 0.5 acre 3 2 53 5 3 21
$155,000 1,000 8,000 - 10,000 sqft 3 1 66 6 2 35