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DeKalb Times

Wednesday, November 27, 2024

Hinckley median home prices rose by 27.2% in the fourth quarter of 2020

Re 12

The median sale price of a home sold in the fourth quarter of 2020 in Hinckley rose by $50,500 while total sales increased by 9.1%, according to BlockShopper.com.

From October through December of 2020, there were 12 homes sold, with a median sale price of $236,500 - a 27.2% increase over the $186,000 median sale price for the same period of the previous year. There were 11 homes sold in Hinckley in the fourth quarter of 2019.

The median sales tax in Hinckley for the most recent year with available data, 2019, was $5,441, approximately 2.3% of the median home sale price for the fourth quarter of 2020.

The following table compares Hinckley 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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