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DeKalb Times

Wednesday, November 27, 2024

Rising home prices in Sycamore in the fourth quarter of 2020

Realestate077

The median sale price of a home sold in the fourth quarter of 2020 in Sycamore rose by $48,000 while total sales increased by 19%, according to BlockShopper.com.

From October through December of 2020, there were 100 homes sold, with a median sale price of $225,500 - a 27% increase over the $177,500 median sale price for the same period of the previous year. There were 84 homes sold in Sycamore in the fourth quarter of 2019.

The median sales tax in Sycamore for the most recent year with available data, 2019, was $5,129, approximately 2.3% of the median home sale price for the fourth quarter of 2020.

The following table compares Sycamore 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)
Waterman58-37.5%$276,000$214,75028.5%
Maple Park7616.7%$265,000$243,5008.8%
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%

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