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DeKalb Times

Monday, November 25, 2024

Q2 real estate sales report: Sycamore

Realestate4

Median prices declined in Sycamore over last year, and are down 42.4 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 4 homes sold in Sycamore for a median price of $87,851. That's 12.3 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Sycamore.

Median property tax for homeowners in Sycamore was $4,392.52 in 2017 according to tax data from that year. That means homeowners pay 4.4 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Sycamore real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$152,647
-
2010
7
$136,800
-10.4%
2011
13
$170,265
24.5%
2012
12
$202,447
18.9%
2013
15
$116,640
-42.4%
2014
12
$90,100
-22.8%
2015
13
$62,964
-30.1%
2016
10
$100,170
59.1%
2017
4
$100,144
-0%
2018
4
$87,851
-12.3%

Median property tax
Median sale price
Effective property tax rate
2014
$3,837.13
$90,100
4.3%
2015
$3,467.45
$62,964
5.5%
2016
$4,973.22
$100,170
5%
2017
$4,392.51
$100,144
4.4%

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