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DeKalb Times

Saturday, November 16, 2024

Sycamore home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Sycamore rose by $5,171 while total sales increased by 14.8%, according to BlockShopper.com.

From January through June of 2018, there were 210 homes sold, with a median sale price of $169,180 - a 3.2% increase over the $164,009 median sale price for the same period of the previous year. There were 183 homes sold in Sycamore in the first half of 2017.

The median sales tax in Sycamore for the most recent year with available data, 2017, was $4,891, approximately 2.9% of the median home sale price for the first half of 2018.

The following table compares Sycamore to other DeKalb County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Maple Park47-42.9%$235,000$246,000-4.5%
Hinckley191711.8%$220,000$150,00046.7%
Sycamore21018314.8%$169,180$164,0093.2%
Cortland564719.1%$167,750$146,00014.9%
Sandwich716312.7%$165,000$155,0006.5%
Kingston1321-38.1%$156,950$150,0004.6%
Genoa785736.8%$156,500$136,50014.7%
Somonauk211190.9%$154,800$109,00042%
Waterman1415-6.7%$135,250$133,0001.7%
DeKalb28425511.4%$134,950$125,0008%
Shabbona93200%$134,000$105,00027.6%

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