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DeKalb Times

Sunday, November 24, 2024

DeKalb home prices rise in May 2019

Realestate2

The median sale price of a home sold in May 2019 in DeKalb rose by $2,075 while total sales decreased by 22.2%, according to BlockShopper.com.

In May 2019, there were 56 homes sold, with a median sale price of $134,875 - a 1.6% increase over the $132,800 median sale price for the same period of the previous year. There were 72 homes sold in DeKalb in May 2018.

The median sales tax in DeKalb for the most recent year with available data, 2017, was $4,771, approximately 3.5% of the median home sale price for May 2019.

The following table compares DeKalb 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)
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%
DeKalb5672-22.2%$134,875$132,8001.6%

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