Marengo, IL · Market Data

Marengo, Illinois real estate market data.

Real estate market data for Marengo, IL (McHenry County) — Census median home value $206,100, county listing prices up about 2.0% over the past year.

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Marengo, IL is in McHenry County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,123, with a median household income of $72,586. Census data puts Marengo's median home value at $206,100 (all owner-occupied homes); McHenry County's current median listing price runs $419,000, up about 2.0% over the past year.

At a glance

Marengo market snapshot

Population

7,123

Median Household Income

$72,586

Median Home Value (city)

$206,100

Median Listing Price (McHenry County)

$419,000

Median Gross Rent

$1,077/mo

Price Trend (YoY)

+2.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Marengo

What makes Marengo different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Marengo's median home value — across all owner-occupied homes, not just recent sales — at $206,100. Separately, McHenry County's current median listing price (via Realtor.com data, 2026-06-01) runs $419,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

McHenry County's FHFA house price index shows a 5.85% annual change in 2025.

Population & Income

Marengo has an estimated population of 7,123 and a median household income of $72,586, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Marengo's Census-reported median home value works out to about 2.8x the area's median household income, and median gross rent runs roughly 18% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Marengo FAQ

What are home values like in Marengo, IL?

The Census Bureau's American Community Survey puts Marengo's median home value at $206,100. McHenry County's current median listing price runs $419,000, up about 2.0% over the past year.

What is the population of Marengo, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Marengo's population at approximately 7,123.

What's the median rent in Marengo, IL?

The Census ACS estimates median gross rent in Marengo at approximately $1,077 per month.

What is the median household income in Marengo, IL?

Census ACS data puts the median household income in Marengo at approximately $72,586.

Is the Marengo housing market growing?

McHenry County's FHFA house price index shows a 5.85% annual change in 2025.

Is Marengo, IL affordable relative to income?

Census ACS data puts Marengo's median home value at about 2.8 times the median household income, with median gross rent equal to roughly 18% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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