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DeKalb Times

Tuesday, April 23, 2024

Hinckley home prices fall in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Hinckley fell by $33,488 while total sales decreased by 40%, according to BlockShopper.com.

From January through March of 2020, there were six homes sold, with a median sale price of $223,762 - a 13% decrease over the $257,250 median sale price for the same period of the previous year. There were 10 homes sold in Hinckley in the first quarter of 2019.

The median sales tax in Hinckley for the most recent year with available data, 2018, was $5,473, approximately 2.4% of the median home sale price for the first quarter of 2020.

The following table compares Hinckley to other DeKalb County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Maple Park34-25%$236,000$244,000-3.3%
Kingston57-28.6%$235,500$191,50023%
Hinckley610-40%$223,761.91$257,250-13%
Cortland12119.1%$171,750$127,50034.7%
Sycamore6278-20.5%$168,500$160,0005.3%
Waterman550%$160,000$153,9004%
Somonauk35-40%$160,000$145,00010.3%
Genoa311782.4%$157,000$184,000-14.7%
Sandwich27263.8%$140,000$101,00038.6%
DeKalb8490-6.7%$136,450$130,1254.9%
Kirkland69-33.3%$106,000$172,000-38.4%

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