McHenry County, Illinois Housing Market Prices
McHenry County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 76% above the Illinois median More expensive than 94% of counties in Illinois$263,961
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Median rent 10% above the Illinois median More expensive than 94% of counties in Illinois$1,401
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $263,961 | $149,936 | $248,835 |
| Price Trend (Annual %) | 8.5% | 2.5% | 7.5% |
| Median Gross Rent | $1,401 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 3.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in McHenry County is about 76% higher than in Illinois. Rent is about 10% higher than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in McHenry County, up about 8.5% and 3.1% a year respectively. Home prices are changing faster.
Median rent in McHenry County rose about 30.5% between 2015 and 2024, from $1,073 to $1,401. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in McHenry County.
Buying the median-priced home in McHenry County costs roughly 15.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in McHenry County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $263,961 | $149,936 | $248,835 |
| Median Household Income | $105,514 | $84,042 | $80,455 |
| Price-to-Income Ratio | 2.5 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in McHenry County rose about 77.2%, while median household income rose about 31.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 80.2% | 61.9% | 58.5% |
| Rental Rate | 16.8% | 30.4% | 31.2% |
| Vacancy Rate | 3.1% | 7.7% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
McHenry County has a homeownership rate of 80.2%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 3.1%, compared with 7.7% in Illinois.
Housing Stock
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.64 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1986 | 1969 | 1978 |
| Median Number of Rooms | 6.5 | 5.6 | 5.5 |
The typical housing unit in McHenry County was built around 1986. On average, 2.6 people live in a home with about 6.5 rooms, staying for about 16.0 years on average.
McHenry County, IL Housing Compared With Nearby Counties
McHenry County, IL is typical in size for this group, 312,591 residents against a local median of 311,435, so the measures below are close to a like for like comparison. Nothing separates McHenry County, IL sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is homeownership, 11% above the local median at 82.7% against 74.5%. McHenry County, IL has the highest homeownership of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| McHenry County, IL | 312,591 | $263,961 #3/5 | $1,401 #3/5 | 82.7% #1/5 |
| Walworth County, WI | 105,657 | $318,869 | $1,149 | 70.6% |
| Boone County, IL | 53,226 | $66,484 | $1,041 | 81.8% |
| Kane County, IL | 517,214 | $215,928 | $1,452 | 76.0% |
| DuPage County, IL | 929,812 | $400,376 | $1,688 | 73.1% |
Frequently Asked Questions
Common questions about the housing market in McHenry County, Illinois.
What is the median home price in McHenry County, Illinois?
The median home price in McHenry County, Illinois is $263,961, higher than the Illinois average of $149,936.
What is the average home price in McHenry County, Illinois?
The typical home price in McHenry County, Illinois, reported as the median sale price, is $263,961. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in McHenry County, Illinois?
The median gross rent in McHenry County, Illinois is $1,401 per month, higher than the Illinois average of $1,274.
What was the median gross rent in McHenry County in 2020?
In 2020, the median gross rent in McHenry County, Illinois was $1,199 per month.
What is the price-to-rent ratio in McHenry County, Illinois?
The price-to-rent ratio in McHenry County, Illinois is about 15.7, meaning it would take roughly 15.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in McHenry County.
Are home prices or rent rising faster in McHenry County, Illinois?
Both home prices and rent are rising in McHenry County, up about 8.5% and 3.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in McHenry County, Illinois?
80.2% of households in McHenry County, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in McHenry County, Illinois?
The housing vacancy rate in McHenry County, Illinois is 3.1%, lower than the Illinois average of 7.7%.
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