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DeKalb Times

Monday, November 25, 2024

Q2 real estate sales report: DeKalb

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Median prices declined in DeKalb over last year, and are down 51.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 8 homes sold in DeKalb for a median price of $73,500. That's 11 percent lower than median home sale prices for the second quarter of 2017.

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

Median property tax for homeowners in DeKalb was $5,027.90 in 2017 according to tax data from that year. That means homeowners pay 6.1 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.

DeKalb real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
15
$152,685
-
2010
16
$134,291
-12%
2011
18
$156,788
16.8%
2012
25
$141,266
-9.9%
2013
30
$145,223
2.8%
2014
18
$94,738
-34.8%
2015
23
$132,500
39.9%
2016
20
$90,631
-31.6%
2017
13
$82,620
-8.8%
2018
8
$73,500
-11%

Median property tax
Median sale price
Effective property tax rate
2014
$4,875.57
$94,738
5.1%
2015
$5,660.80
$132,500
4.3%
2016
$5,081.01
$90,631
5.6%
2017
$5,027.89
$82,620
6.1%

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