McHenry Real Estate

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McHenry Real Estate & Homes for Sale in Illinois

Nestled among the state’s largest concentration of natural lakes, McHenry is surrounded by natural beauty and numerous recreational opportunities while being conveniently located only 55 miles northwest of Chicago. Its proximity to the Windy City provides the community with a vibrant economy. Residents have access to the many employment opportunities of the Chicago metro area as well as those provided by locally owned businesses. McHenry is situated at the intersection of state routes 120 and 31 only minutes from interstates 90, 94 and 43. The city is served by Chicago-area public transportation including the Metra rail line, the Chicagoland Commuter and PACE services. McHenry’s 20,000 residents enjoy 680-plus acres dedicated to recreation. The town is home to more than 35 city parks and two golf courses. Nearby are several nature conservation areas and the famous Moraine Park and Chain O’Lakes State Park. The town’s lakeside beaches are a popular destination where boat rentals and swimming are available throughout the summer. McHenry Elementary School District 15 and the McHenry High School District serve the city’s students. Even though McHenry County is one of Illinois’ fastest growing regions, the city of McHenry retains its small-town charm and community feel with frequent family-oriented community festivals. McHenry’s real estate market offers a variety of single-family homes as well as a number of condominiums and townhouses.

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McHenry Real Estate Info: Prices of McHenry Houses for Sale


The McHenry real estate market is composed primarily of single-family detached homes with some attached condominiums and townhouses also available. Two or three-bedroom single-family homes are priced from the low $100,000s, with larger houses ranging upwards from $450,000. Prices for large luxury homes and estate properties, many with acreage, can exceed $800,000. A few large estates on 50+ acres are available for more than $1 million. Condominiums and townhouses are priced from the low $100,000s, with higher-end units priced in the mid-$200,000s and more. Lots and land are available for custom development. Many lots feature scenic woodland or lake views and/or lake frontage.

View Current Rates
-- Jan 27th, 2012 --
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 30 yr. fixed rate: 3.89%
 15 yr. fixed rate: 3.22%
 30 yr. jumbo rate: 4.43%
 15 yr. jumbo rate: 3.69%
Average Prices of 3 Bed Homes
-- Jan 27th, 2012 --
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 2 Years Ago  $241,000
 1 Year Ago  $179,000
 6 Months Ago   $187,000
 1 Month Ago  $173,000
 Today  $170,000



McHenry IL Real Estate for the week of January 23rd, 2012: homes priced around $174,377 compared to $132,620 the previous week, showing a increase of more than +24%.  For Friday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 3.24%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.46%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in McHenry IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in McHenry, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in McHenry, McHenry neighborhood information, crime stats, home values, and schools in McHenry to help you find the best home!


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