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Monday, November 18, 2024

Sycamore home prices fall 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 Sycamore fell by $78,865.61 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2018, there were six homes sold, with a median sale price of $84,000 - a 48.4% decrease over the $162,865.61 median sale price for the same period of the previous year. There were four homes sold in Sycamore in the first quarter of 2017.

The median sales tax in Sycamore for the most recent year with available data, 2017, was $4,890.90, approximately 5.8% of the median home sale price for the first quarter of 2018.

The following table compares Sycamore 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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