McHenry, IL Housing Market
The McHenry housing market is somewhat competitive. Homes in McHenry receive 4 offers on average and sell in around 52 days. The median sale price of a home in McHenry was $285K last month, up 11.6% since last year. The median sale price per square foot in McHenry is $177, up 16.0% since last year.
McHenry Housing Market Trends
In March 2024, McHenry home prices were up 11.6% compared to last year, selling for a median price of $285K. On average, homes in McHenry sell after 52 days on the market compared to 50 days last year. There were 32 homes sold in March this year, down from 39 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 around list price and go pending in around 52 days.
- Hot homescan sell for about 3% above list price and go pending in around 40 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 62 days.
- Hot homescan sell for around list price and go pending in around 34 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 about 1% below list price and go pending in around 79 days.
- Hot homescan sell for around 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 St. Louis and San Francisco.
- 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 Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,636 | ||
2 | 658 | ||
3 | 587 | ||
4 | 406 | ||
5 | 355 | ||
6 | 290 | ||
7 | 132 | ||
8 | 128 | ||
9 | 38 | ||
10 | 32 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,272 | ||
2 | 1,425 | ||
3 | 1,310 | ||
4 | 1,309 | ||
5 | 1,270 | ||
6 | 1,127 | ||
7 | 901 | ||
8 | 786 | ||
9 | 743 | ||
10 | 734 |
Home offer insights for McHenry
Recent offers
- Offer Not Accepted|5 Weeks Ago~$275K OfferSold for $300K3 bd | 2 ba | ~1,750 sqftUnder List Price4%Days on Market31Competing Offers4Down Payment~20%
- Offer Not Accepted|8 Weeks Ago~$150K OfferSold for $175K2 bd | 1 ba | ~1,000 sqftUnder List Price4%Days on Market16Competing Offers5Down Payment—
- Offer Not Accepted|8 Weeks Ago~$325K OfferSold for $325K3 bd | 2.5 ba | ~1,750 sqftUnder List Price4%Days on Market58Competing Offers3Down Payment~20%
- Offer Not Accepted|11 Weeks Ago~$300K OfferSold for $325K3 bd | 2 ba | ~2,000 sqftUnder List Price5%Days on Market30Competing Offers1Down Payment~20%
View houses in McHenry that sold recently
Recently sold homes
- $360,000 Last Sold Price3 beds2.5 baths1,793 sq ft4715 Overland Trl, Mchenry, IL 60050List Price$339,900Sale to List6% over listDays on Market36 days4715 Overland Trl, Mchenry, IL 60050
- $385,000 Last Sold Price3 beds3 baths2,950 sq ft708 Wimbleton Trl, Mchenry, IL 60050List Price$370,000Sale to List4% over listDays on Market51 days708 Wimbleton Trl, Mchenry, IL 60050
- $390,000 Last Sold Price4 beds2.5 baths2,051 sq ft2014 Winterberry Trl, Wonder Lake, IL 60097List Price$399,990Sale to List2% under listDays on Market48 days2014 Winterberry Trl, Wonder Lake, IL 60097
- $255,000 Last Sold Price2 beds2 baths1,477 sq ft4511 Sussex Dr, Mchenry, IL 60050List Price$249,900Sale to List2% over listDays on Market44 days4511 Sussex Dr, Mchenry, IL 60050
- $327,990 Last Sold Price2 beds2 baths1,660 sq ft2290 Tupelo Way, Wonder Lake, IL 60097List Price$328,990Sale to List0% under listDays on Market86 days2290 Tupelo Way, Wonder Lake, IL 60097
- $225,000 Last Sold Price2 beds2 baths1,541 sq ft308 Whitaker Trl #308, Mchenry, IL 60050List Price$230,000Sale to List2% under listDays on Market46 days308 Whitaker Trl #308, Mchenry, IL 60050
- $219,000 Last Sold Price3 beds2 baths1,176 sq ft4419 Hickoryway Dr N, Johnsburg, IL 60051List Price$219,000Sale to List0% over listDays on Market35 days4419 Hickoryway Dr N, Johnsburg, IL 60051
- $275,000 Last Sold Price3 beds2.5 baths1,824 sq ft1112 S Green St, Mchenry, IL 60050List Price$285,000Sale to List4% under listDays on Market14 days1112 S Green St, Mchenry, IL 60050
See all recently sold homes in McHenry.
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Schools in McHenry
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Riverwood Elementary School Public • K-5 | 602 Students | 2 reviews |
6/10 Hilltop Elementary School Public • K-3 | 441 Students | 4 reviews |
6/10 Edgebrook Elementary School Public • PreK-4 | 499 Students | 5 reviews |
5/10 Valley View Elementary School Public • K-5 | 563 Students | 19 reviews |
4/10 Landmark Elementary School Public • K-5 | 239 Students | 4 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
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in McHenry
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Bike Score®
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