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DeKalb Times

Wednesday, November 27, 2024

The fourth quarter of 2020: Home prices in Waterman increased

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Adobe Stock

The median sale price of a home sold in the fourth quarter of 2020 in Waterman rose by $61,250 while total sales decreased by 37.5%, according to BlockShopper.com.

From October through December of 2020, there were five homes sold, with a median sale price of $276,000 - a 28.5% increase over the $214,750 median sale price for the same period of the previous year. There were eight homes sold in Waterman in the fourth quarter of 2019.

The median sales tax in Waterman for the most recent year with available data, 2019, was $4,210, approximately 1.5% of the median home sale price for the fourth quarter of 2020.

The following table compares Waterman 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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