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DeKalb Times

Wednesday, April 17, 2024

Q4 real estate sales report: Sycamore

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Median prices rose in Sycamore over last year, and are up 8.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 3 homes sold in Sycamore for a median price of $152,000. That's 37.8 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Sycamore was $3,347.07 in 2017 according to tax data from that year. That means homeowners pay 3 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$140,400
-
2010
9
$189,328
34.8%
2011
11
$99,440
-47.5%
2012
19
$157,651
58.5%
2013
15
$119,070
-24.5%
2014
13
$121,503
2%
2015
6
$146,678
20.7%
2016
5
$97,125
-33.8%
2017
2
$110,288
13.6%
2018
3
$152,000
37.8%

Median property tax
Median sale price
Effective property tax rate
2014
$3,954.05
$121,503
3.3%
2015
$5,016.73
$146,678
3.4%
2016
$3,804.07
$97,125
3.9%
2017
$3,347.06
$110,288
3%

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