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DeKalb Times

Sunday, November 24, 2024

Malta home prices rise in May 2019

Realestate077

The median sale price of a home sold in May 2019 in Malta rose by $64,878 while total sales increased by 200%, according to BlockShopper.com.

In May 2019, there were six homes sold, with a median sale price of $163,500 - a 65.8% increase over the $98,622 median sale price for the same period of the previous year. There were two homes sold in Malta in May 2018.

The median sales tax in Malta for the most recent year with available data, 2017, was $4,435, approximately 2.7% of the median home sale price for May 2019.

The following table compares Malta to other DeKalb County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Sycamore3748-22.9%$209,900$165,95026.5%
Waterman37-57.1%$175,500$131,00034%
Cortland161233.3%$173,500$169,9502.1%
Kingston62200%$173,374$100,25072.9%
Hinckley7475%$170,600$203,500-16.2%
Malta62200%$163,500$98,62265.8%
Somonauk660%$163,200$164,000-0.5%
Shabbona42100%$160,500$144,50011.1%
Genoa171513.3%$160,000$155,0003.2%
Sandwich1521-28.6%$145,000$208,000-30.3%
Kirkland4333.3%$141,000$160,000-11.9%

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