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DeKalb Times

Friday, April 26, 2024

Q3 real estate sales report: DeKalb

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Median prices rose in DeKalb over last year, and are down 20 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 8 homes sold in DeKalb for a median price of $104,900. That's 27 percent higher than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in DeKalb was $4,659.36 in 2017 according to tax data from that year. That means homeowners pay 5.6 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
16
$131,157
-
2010
21
$184,680
40.8%
2011
21
$147,818
-20%
2012
29
$135,408
-8.4%
2013
23
$141,880
4.8%
2014
27
$75,260
-47%
2015
16
$70,216
-6.7%
2016
13
$103,635
47.6%
2017
11
$82,620
-20.3%
2018
8
$104,900
27%

Median property tax
Median sale price
Effective property tax rate
2014
$4,850.92
$75,260
6.4%
2015
$3,442.08
$70,216
4.9%
2016
$4,549.94
$103,635
4.4%
2017
$4,659.36
$82,620
5.6%

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