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DeKalb Times

Tuesday, November 5, 2024

DeKalb home prices fall in September 2017

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The median sale price of a home sold in September 2017 in DeKalb fell by $40,500 while total sales decreased by 71.4%, according to BlockShopper.com.

In September 2017, there were two homes sold, with a median sale price of $58,500 - a 40.9% decrease over the $99,000 median sale price for the same period of the previous year. There were seven homes sold in DeKalb in September 2016.

The median sales tax in DeKalb for 2017 was $4,771. In 2016, the median sales tax was $4,698. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 8.2%.

The following table compares DeKalb to other DeKalb County cities in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Sycamore31200%$123,601$242,400-49%
Cortland12-50%$123,370$111,99710.2%
Waterman110%$100,000$42,900133.1%
DeKalb27-71.4%$58,500$99,000-40.9%
Kingston110%$7,000$99,450-93%
Genoa02-100%$0$110,070-100%
Hinckley01-100%$0$74,000-100%
Sandwich01-100%$0$69,960-100%
Shabbona00-$0$0-
Maple Park00-$0$0-
Kirkland00-$0$0-
Somonauk00-$0$0-
Malta01-100%$0$65,299-100%

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