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Monday, November 18, 2024

DeKalb home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in DeKalb rose by $16,537.44 while total sales decreased by 25%, according to BlockShopper.com.

From January through March of 2018, there were 12 homes sold, with a median sale price of $92,450 - a 21.8% increase over the $75,912.56 median sale price for the same period of the previous year. There were 16 homes sold in DeKalb in the first quarter of 2017.

The median sales tax in DeKalb for the most recent year with available data, 2017, was $4,770.90, approximately 5.2% of the median home sale price for the first quarter of 2018.

The following table compares DeKalb to other DeKalb County cities in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Cortland42100%$122,932.50$111,975.509.8%
Hinckley12-50%$105,000$33,140216.8%
DeKalb1216-25%$92,450$75,912.5621.8%
Sycamore6450%$84,000$162,865.61-48.4%
Sandwich24-50%$78,993$120,947-34.7%
Genoa52150%$76,650$134,770-43.1%
Waterman10-$65,001$0-
Shabbona10-$40,060$0-
Maple Park00-$0$0-
Kirkland01-100%$0$35,000-100%
Somonauk02-100%$0$71,319.50-100%
Malta01-100%$0$50,000-100%
Kingston01-100%$0$76,600-100%

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