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Thursday, May 15, 2025

Median home valuation prices in Henry County rose to $196,000 in February 2025 compared to February 2024

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Henry County Il Clerk And Recorder Barbara M. Link (2023) | Henry County Illinois

Henry County Il Clerk And Recorder Barbara M. Link (2023) | Henry County Illinois

In February, the median sale price of a home in Henry County rose by $31,100 from the same period in the previous year, while total sales increased by 23.1%, according to BlockShopper.com.

There were 16 homes sold in February, with a median sale price of $196,000 — an 18.9% increase over the $164,900 median sale price during the same period of the previous year. In comparison, 13 homes were sold in Henry County in February 2024.

Based on the latest available data from 2021, the median sales tax in Henry County was $3,006, which stands at 1.5% of February's median home sale price.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Henry County from February 2024 to February 2025.

February 2024March 2024April 2024May 2024June 2024July 2024August 2024September 2024October 2024November 2024December 2024January 2025February 2025$164,900$164,900$135,000$135,000$132,000$132,000$167,950$167,950$169,750$169,750$175,250$175,250$136,000$136,000$162,400$162,400$155,500$155,500$150,750$150,750$195,000$195,000$160,000$160,000$196,000$196,000

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