Marengo Real Estate Market Sees Home Sales Decline

While home sales in the Marengo market have been above average, in this week's report they dropped 7.1% to 13 homes sold over the last 30 days. On the other hand, close-by Crystal Lake registered 65 homes sold in the same time frame, the most of all surrounding cities. The median sales price climbed to $125,000 over the latest reporting period for Marengo, up from $122,500. There are only two months of inventory available in Marengo, so it's a definite seller's market, even with the decrease in sales.

Looking for a more classic home in Marengo? These are older homes currently available in the market:

$125K   $169K   $110K  

Get started right now by checking out Marengo homes for sale or reviewing Marengo real estate trends.

Demographic facts about Marengo:

  • This area has a population growth rating of 71. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $19.70/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (31.0%), 15-29 min (24.0%), 30-44 min (20.5%), 45-59 min (6.7%), >60 min (17.8%).

Data reported through 10/12/2016


Ask a local expert about this area:
Berkshire Hathaway HomeServices Starck Real Estate
Snapped 4 homes in this area
Keller Williams Success Realty
Snapped 3 homes in this area
OK and Associates, Realty Plus
Snapped 1 home in this area

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