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DeKalb Times

Monday, November 25, 2024

DeKalb home prices rise in July 2019

Re 9

The median sale price of a home sold in July 2019 in DeKalb rose by $12,000 while total sales increased by 3.3%, according to BlockShopper.com.

In July 2019, there were 62 homes sold, with a median sale price of $149,750 - a 8.7% increase over the $137,750 median sale price for the same period of the previous year. There were 60 homes sold in DeKalb in July 2018.

The median sales tax in DeKalb for the most recent year with available data, 2018, was $4,726, approximately 3.2% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Somonauk5425%$202,500$147,24037.5%
Genoa712-41.7%$190,000$159,75018.9%
Sandwich15966.7%$182,500$194,000-5.9%
Sycamore464015%$175,000$166,0005.4%
Kirkland60-$171,000$0-
Hinckley84100%$163,500$229,000-28.6%
Shabbona21100%$153,000$115,00033%
DeKalb62603.3%$149,750$137,7508.7%
Malta41300%$141,750$43,334227.1%
Cortland57-28.6%$111,800$157,900-29.2%
Kingston41300%$105,250$178,000-40.9%

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