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DeKalb Times

Thursday, November 21, 2024

Somonauk (DeKalb County) home prices fall in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Somonauk in DeKalb County fell by $17,743 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $71,319.50 - a 19.9% decrease over the $89,062.50 median sale price for the same period of the previous year. There were two homes sold in Somonauk in the first quarter of 2016, as well.

The median sales tax in Somonauk for 2017 was $4,450.98. In 2016, the median sales tax was $4,312.10. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 6.2%.

The following table compares Somonauk to other DeKalb County cities in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Sycamore411-63.6%$162,865.61$102,00059.7%
Genoa25-60%$134,770$117,00015.2%
Sandwich46-33.3%$120,947$72,50066.8%
Cortland24-50%$111,975.50$90,60023.6%
Kingston12-50%$76,600$120,578-36.5%
DeKalb1630-46.7%$75,912.56$83,347.22-8.9%
Somonauk220%$71,319.50$89,062.50-19.9%
Malta12-50%$50,000$100,072.50-50%
Kirkland110%$35,000$63,750-45.1%
Hinckley20-$33,140$0-
Shabbona01-100%$0$39,100-100%
Waterman00-$0$0-
Maple Park01-100%$0$228,100-100%
* This story only considers sales data for the part of Somonauk that is in DeKalb County.

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