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Sheriff Sale Homes in Mchenry, IL

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Mchenry, IL Foreclosures

How much do homes sell for in Mchenry, IL?
The average home price is currently $348,940.
In Mchenry, IL, how many homes are available?
There are currently 5 active home listings available in Mchenry.
What’s the average rental cost in Mchenry, IL?
The average rental price in Mchenry is $1,551.
What is the most expensive home in Mchenry?
The most expensive home sold in Mchenry had a price of $56,539,086.
What is currently the cheapest priced home in Mchenry, IL?
The cheapest home for sale in Mchenry is priced at $10,489.

Living in Mchenry, IL

Located in northern Illinois, McHenry is a charming city known for its scenic Fox River and friendly community atmosphere. With abundant outdoor activities, excellent schools, and a thriving downtown, it offers a perfect blend of recreational opportunities and suburban living. McHenry is ideal for families and young professionals looking for a peaceful yet engaging place to reside.

Current Market Conditions in Mchenry, IL

The McHenry real estate market has shown consistent growth over the past year, with more families looking to settle down in the area due to its affordability and family-oriented neighborhoods. As of now, homes are being snapped up quickly, often within weeks of entering the market, indicating a competitive environment.

Properties in McHenry have seen a notable increase in asking prices, largely driven by a demand for larger homes and yards, particularly amid the ongoing trend of remote working. Buyers are also attracted to the lower tax rates compared to nearby suburban markets.

Home Value Estimator For Mchenry, IL

There are currently 17,672 real estate properties in Mchenry, IL, with a median automated valuation model (AVM) price of $298,689.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mchenry, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mchenry, IL, is $348,940.00, with the most expensive house in Mchenry, IL, topping out at $56,539,086.00 and the cheapest home in Mchenry, IL, clocking in at $10,489.00. In other words, there’s something for every potential homebuyer or savvy investor in Mchenry, IL!

Rent Prices In Mchenry, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mchenry, IL, is on a rollercoaster ride. The average rent price in Mchenry, IL, is $1,551.00. Indeed, when looking to rent in Mchenry, IL, you can expect to pay as little as $670.00 or as much as $4,000.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Mchenry, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mchenry, IL Sheriff Sale Homes

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