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Wednesday, November 27, 2024

What happened to the median home price in Shabbona during December 2020?

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The median sale price of a home sold in December 2020 in Shabbona fell by $30,195 while total sales increased by 50%, according to BlockShopper.com.

In December 2020, there were three homes sold, with a median sale price of $132,555 - a 18.6% decrease over the $162,750 median sale price for the same period of the previous year. There were two homes sold in Shabbona in December 2019.

The median sales tax in Shabbona for the most recent year with available data, 2019, was $4,022, approximately 3% of the median home sale price for December 2020.

The following table compares Shabbona to other DeKalb County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Kirkland45-20%$266,000$70,000280%
Maple Park31200%$251,000$192,95030.1%
Somonauk34-25%$248,500$159,75055.6%
Sycamore332250%$237,400$171,45038.5%
Kingston550%$225,050$200,00012.5%
Sandwich151315.4%$210,000$157,50033.3%
Genoa13785.7%$205,000$179,90014%
Cortland58-37.5%$150,000$167,500-10.4%
DeKalb4153-22.6%$150,000$131,00014.5%
Shabbona3250%$132,555$162,750-18.6%
Malta21100%$114,750$468,000-75.5%

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