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DeKalb Times

Wednesday, November 27, 2024

Shabbona home prices fell in the fourth quarter of 2020

Re 9

The median sale price of a home sold in the fourth quarter of 2020 in Shabbona fell by $37,500 while total sales increased by 125%, according to BlockShopper.com.

From October through December of 2020, there were nine homes sold, with a median sale price of $140,000 - a 21.1% decrease over the $177,500 median sale price for the same period of the previous year. There were four homes sold in Shabbona in the fourth quarter of 2019.

The median sales tax in Shabbona for the most recent year with available data, 2019, was $4,022, approximately 2.9% of the median home sale price for the fourth quarter of 2020.

The following table compares Shabbona to other DeKalb County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Kingston814-42.9%$245,025$192,50027.3%
Hinckley12119.1%$236,500$186,00027.2%
Sycamore1008419%$225,500$177,50027%
Somonauk10100%$216,250$165,25030.9%
Sandwich454012.5%$210,000$160,45030.9%
Genoa291681.3%$196,000$173,95012.7%
Cortland221729.4%$185,000$168,00010.1%
Kirkland111010%$160,000$74,500114.8%
DeKalb14612318.7%$156,500$139,90011.9%
Shabbona94125%$140,000$177,500-21.1%
Malta45-20%$58,518.50$156,750-62.7%

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