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DeKalb Times

Thursday, November 21, 2024

DeKalb home prices rise in May 2018

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The median sale price of a home sold in May 2018 in DeKalb rose by $59,640 while total sales decreased by 40%, according to BlockShopper.com.

In May 2018, there were three homes sold, with a median sale price of $104,900 - a 131.8% increase over the $45,260 median sale price for the same period of the previous year. There were five homes sold in DeKalb in May 2017.

The median sales tax in DeKalb for the most recent year with available data, 2017, was $4,771, approximately 4.5% of the median home sale price for May 2018.

The following table compares DeKalb to other DeKalb County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Genoa110%$111,700$106,0005.4%
DeKalb35-40%$104,900$45,260131.8%
Sycamore21100%$87,850.50$103,660-15.3%
Sandwich12-50%$87,500$89,500-2.2%
Somonauk110%$70,620$67,2405%
Hinckley00-$0$0-
Kingston00-$0$0-
Shabbona00-$0$0-
Waterman00-$0$0-
Cortland02-100%$0$88,030.50-100%
Maple Park00-$0$0-
Kirkland00-$0$0-
Malta00-$0$0-

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