McHenry, IL County is a great place to own a home. With a median housing value of $288,600, it is slightly lower than the US housing median of $338,100. However, the appreciation rate is higher in McHenry than the national average, with 1 year house appreciation at 11.17%, compared to 8.27% nationally. This makes it an attractive option for those looking to invest in real estate or purchase a home that will hold its value over time.
The median home cost in McHenry County is $288,600. Home appreciation the last 10 years has been 57.4%. Home Appreciation in McHenry County is up 13.9%.
Average Age of Homes
- The median age of McHenry County real estate is 30 years old
The Rental Market in McHenry County
- Renters make up 17.3% of the McHenry County population
- 0.8% of houses and apartments in McHenry County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.