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DeKalb Times

Wednesday, November 27, 2024

The fourth quarter of 2020: Home prices in DeKalb increased

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The median sale price of a home sold in the fourth quarter of 2020 in DeKalb rose by $16,600 while total sales increased by 18.7%, according to BlockShopper.com.

From October through December of 2020, there were 146 homes sold, with a median sale price of $156,500 - a 11.9% increase over the $139,900 median sale price for the same period of the previous year. There were 123 homes sold in DeKalb in the fourth quarter of 2019.

The median sales tax in DeKalb for the most recent year with available data, 2019, was $4,868, approximately 3.1% of the median home sale price for the fourth quarter of 2020.

The following table compares DeKalb 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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