McHenry, IL Housing Market
The McHenry housing market is somewhat competitive. Homes in McHenry receive 4 offers on average and sell in around 42 days. The median sale price of a home in McHenry was $275K last month, up 12.3% since last year. The median sale price per square foot in McHenry is $178, up 13.4% since last year.
McHenry Housing Market Trends
In April 2024, McHenry home prices were up 12.3% compared to last year, selling for a median price of $275K. On average, homes in McHenry sell after 42 days on the market compared to 49 days last year. There were 42 homes sold in April this year, down from 53 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the McHenry housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 44 days.
- Hot homescan sell for about 3% above list price and go pending in around 35 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 60 days.
- Hot homescan sell for around list price and go pending in around 37 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Multiple offers are rare.
- The average homes sell for around list price and go pending in around 90 days.
- Hot homescan sell for about 3% above list price and go pending in around 38 days.
McHenry Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into McHenry from outside metros.
- New York homebuyers searched to move into McHenry more than any other metro followed by Peoria and St. Louis.
- 86% of McHenry homebuyers searched to stay within the McHenry metropolitan area.
- Cape Coral was the most popular destination among McHenry homebuyers followed by Sarasota and South Bend.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,510 | ||
2 | 730 | ||
3 | 695 | ||
4 | 544 | ||
5 | 366 | ||
6 | 285 | ||
7 | 185 | ||
8 | 171 | ||
9 | 51 | ||
10 | 50 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,962 | ||
2 | 1,319 | ||
3 | 1,297 | ||
4 | 1,157 | ||
5 | 1,141 | ||
6 | 1,111 | ||
7 | 881 | ||
8 | 846 | ||
9 | 793 | ||
10 | 747 |
Home offer insights for McHenry
Recent offers
- Offer Not Accepted|10 Weeks Ago~$350K OfferSold for $350K3 bd | 2.5 ba | ~1,750 sqftOver List Price3%Days on Market36Competing Offers12Down Payment—
- Offer Not Accepted|11 Weeks Ago~$275K OfferSold for $300K3 bd | 2 ba | ~1,750 sqftUnder List Price4%Days on Market31Competing Offers4Down Payment~20%
View houses in McHenry that sold recently
Recently sold homes
- $410,000 Last Sold Price3 beds2 baths1,416 sq ft5110 W Shore Dr, Mchenry, IL 60050List Price$425,000Sale to List4% under listDays on Market43 days5110 W Shore Dr, Mchenry, IL 60050
- $367,000 Last Sold Price3 beds2.5 baths1,866 sq ft1710 Cashel Ln, Mchenry, IL 60050List Price$359,900Sale to List2% over listDays on Market36 days1710 Cashel Ln, Mchenry, IL 60050
- $289,900 Last Sold Price3 beds1.5 baths1,470 sq ft3701 W Anne St, Mchenry, IL 60050List Price$289,900Sale to List0% over listDays on Market66 days3701 W Anne St, Mchenry, IL 60050
- $295,000 Last Sold Price3 beds2 baths1,625 sq ft112 Hilltop Ave, Mchenry, IL 60050List Price$310,000Sale to List5% under listDays on Market35 days112 Hilltop Ave, Mchenry, IL 60050
- $315,000 Last Sold Price4 beds2.5 baths2,261 sq ft201 N Huntington Dr, Mchenry, IL 60050List Price$310,000Sale to List2% over listDays on Market63 days201 N Huntington Dr, Mchenry, IL 60050
- $287,790 Last Sold Price2 beds2 baths1,375 sq ft6311 Maple Glen Dr, Wonder Lake, IL 60097List Price$284,990Sale to List1% over listDays on Market122 days6311 Maple Glen Dr, Wonder Lake, IL 60097
- $172,000 Last Sold Price2 beds2 baths1,152 sq ft603 Devonshire Ct Unit A, Mchenry, IL 60050List Price$164,900Sale to List4% over listDays on Market28 days603 Devonshire Ct Unit A, Mchenry, IL 60050
- $363,000 Last Sold Price3 beds3 baths1,814 sq ft1400 Woodland Ln, Mchenry, IL 60051List Price$330,000Sale to List10% over listDays on Market27 days1400 Woodland Ln, Mchenry, IL 60051
See all recently sold homes in McHenry.
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Schools in McHenry
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Riverwood Elementary School Public • K-5 | 557 Students | 2 reviews |
7/10 Landmark Elementary School Public • K-5 | 197 Students | 4 reviews |
5/10 Edgebrook Elementary School Public • PreK-4 | 471 Students | 5 reviews |
4/10 Hilltop Elementary School Public • K-3 | 424 Students | 4 reviews |
3/10 Valley View Elementary School Public • K-5 | 532 Students | 19 reviews |
Climate's impact on McHenry housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in McHenry.
Flood Factor - Moderate
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Fire Factor - Moderate
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Wind Factor - Minor
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Heat Factor - Minor
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Transportation in McHenry
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