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DeKalb Times

Saturday, May 18, 2024

Q1 real estate sales report: DeKalb

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Median prices rose in DeKalb over last year, and are down 50.1 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 12 homes sold in DeKalb for a median price of $92,450. That's 19.4 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in DeKalb.

Median property tax for homeowners in DeKalb was $3,980.79 in 2017 according to tax data from that year. That means homeowners pay 5.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

DeKalb real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$185,147
-
2010
12
$154,086
-16.8%
2011
18
$171,002
11%
2012
30
$102,351
-40.1%
2013
30
$116,770
14.1%
2014
31
$132,598
13.6%
2015
21
$75,790
-42.8%
2016
30
$87,515
15.5%
2017
16
$77,431
-11.5%
2018
12
$92,450
19.4%

Median property tax
Median sale price
Effective property tax rate
2014
$4,912.42
$132,598
3.7%
2015
$4,505.74
$75,790
5.9%
2016
$4,592.60
$87,515
5.2%
2017
$3,980.79
$77,431
5.1%

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