McHenry County, Illinois home prices
Typical home $367,683 · +4.7% in a year · property tax 2.36%
The typical home in McHenry County is worth $367,683, 24% more than the Illinois typical home ($295,943). Values changed +4.7% in the past year and +36.7% over five years. Homeowners here pay a median 2.36% of their home's value in property tax each year ($8,681 on the typical home), versus 1.92% statewide.
Mortgage on the typical McHenry County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $73,537 | $294,147 | $1,979 | $0 | $907 | $2,886 | $123,700 |
| 10% down | $36,768 | $330,915 | $2,226 | $138 | $907 | $3,271 | $140,200 |
| 5% down | $18,384 | $349,299 | $2,350 | $146 | $907 | $3,403 | $145,800 |
| 3.5% down (FHA) | $12,869 | $361,024 | $2,429 | $163 | $907 | $3,498 | $149,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.36% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Illinois · part of the Chicago metro area.
Illinois counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Will County | $376,285 | +2.8% | 2.24% |
| Kane County | $383,834 | +5.0% | 2.26% |
| Cook County | $340,258 | +6.0% | 1.91% |
| Kendall County | $395,398 | +3.2% | 2.37% |
| Lake County | $398,052 | +6.0% | 2.58% |
| Grundy County | $322,819 | +3.6% | 1.99% |
| Monroe County | $322,053 | +2.3% | 1.63% |
| DuPage County | $437,880 | +4.3% | 2.05% |
| DeKalb County | $294,833 | +5.0% | 2.45% |
| Boone County | $286,262 | +6.4% | 2.18% |
Frequently asked questions
What is the average home price in McHenry County, IL?
The typical home value in McHenry County is $367,683 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in McHenry County?
About $123,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in McHenry County?
The median effective rate is 2.36% of home value a year (Census ACS 2024 5-year estimates).