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DeKalb Times

Friday, April 26, 2024

Q4 real estate sales report: DeKalb

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Median prices rose in DeKalb over last year, and are down 3.8 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 DeKalb for a median price of $149,900. That's 88.3 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in DeKalb was $3,945.73 in 2017 according to tax data from that year. That means homeowners pay 5 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
20
$155,881
-
2010
9
$226,710
45.4%
2011
29
$120,797
-46.7%
2012
38
$129,693
7.4%
2013
32
$138,570
6.8%
2014
24
$138,344
-0.2%
2015
23
$84,253
-39.1%
2016
11
$87,150
3.4%
2017
12
$79,622
-8.6%
2018
3
$149,900
88.3%

Median property tax
Median sale price
Effective property tax rate
2014
$5,641.93
$138,344
4.1%
2015
$4,290.66
$84,253
5.1%
2016
$4,710.30
$87,150
5.4%
2017
$3,945.72
$79,622
5%

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