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DeKalb Times

Sunday, December 22, 2024

DeKalb home prices fall in October 2017

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The median sale price of a home sold in October 2017 in DeKalb fell by $7,494 while total sales decreased by 20%, according to BlockShopper.com.

In October 2017, there were four homes sold, with a median sale price of $75,506 - a 9% decrease over the $83,000 median sale price for the same period of the previous year. There were five homes sold in DeKalb in October 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 6.3%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Malta10-$170,800$0-
Genoa330%$132,300$116,90013.2%
Hinckley10-$96,700$0-
Cortland23-33.3%$93,805.50$82,00014.4%
Kirkland110%$91,250$67,98134.2%
DeKalb45-20%$75,506$83,000-9%
Kingston00-$0$0-
Sandwich00-$0$0-
Shabbona00-$0$0-
Waterman01-100%$0$123,420-100%
Maple Park00-$0$0-
Sycamore00-$0$0-
Somonauk01-100%$0$126,000-100%

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