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DeKalb Times

Wednesday, November 27, 2024

The second half of 2020: Somonauk (DeKalb County) experienced a 21% increase in median home prices

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The median sale price of a home sold in the second half of 2020 in Somonauk in DeKalb County rose by $34,700 while total sales decreased by 16.7%, according to BlockShopper.com.

From July through December of 2020, there were 20 homes sold, with a median sale price of $199,950 - a 21% increase over the $165,250 median sale price for the same period of the previous year. There were 24 homes sold in Somonauk in the second half of 2019.

The median sales tax in Somonauk for the most recent year with available data, 2019, was $4,958, approximately 2.5% of the median home sale price for the second half of 2020.

The following table compares Somonauk to other DeKalb County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Hinckley2526-3.8%$215,000$175,75022.3%
Waterman18180%$213,000$178,50019.3%
Sycamore2232220.5%$208,000$181,92214.3%
Sandwich8491-7.7%$203,000$166,17522.2%
Kirkland1822-18.2%$201,500$132,10552.5%
Somonauk2024-16.7%$199,950$165,25021%
Genoa625219.2%$191,500$181,0005.8%
Cortland483923.1%$181,000$168,0007.7%
DeKalb3012778.7%$159,900$140,00014.2%
Shabbona161145.5%$147,250$152,000-3.1%
Malta1118-38.9%$139,500$142,250-1.9%
* This story only considers sales data for the part of Somonauk that is in DeKalb County.

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