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Sunday, November 24, 2024

Sycamore home prices rise in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in Sycamore rose by $29,500 while total sales decreased by 38.8%, according to BlockShopper.com.

From April through June of 2019, there were 85 homes sold, with a median sale price of $197,000 - a 17.6% increase over the $167,500 median sale price for the same period of the previous year. There were 139 homes sold in Sycamore in the second quarter of 2018.

The median sales tax in Sycamore for the most recent year with available data, 2017, was $4,891, approximately 2.5% of the median home sale price for the second quarter of 2019.

The following table compares Sycamore to other DeKalb County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Maple Park23-33.3%$577,500$235,000145.7%
Sycamore85139-38.8%$197,000$167,50017.6%
Kingston157114.3%$180,100$159,00013.3%
Kirkland171154.5%$178,000$110,00061.8%
Waterman710-30%$175,500$142,50023.2%
Cortland2934-14.7%$173,000$170,0001.8%
Hinckley711-36.4%$170,600$265,000-35.6%
Somonauk1315-13.3%$166,500$154,0008.1%
Shabbona6520%$160,500$169,000-5%
Genoa2548-47.9%$160,000$161,000-0.6%
Malta11837.5%$155,500$98,62257.7%

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