Quantcast

DeKalb Times

Wednesday, November 27, 2024

How did home prices perform in Hinckley during the second half of 2020?

Re 3

The median sale price of a home sold in the second half of 2020 in Hinckley rose by $39,250 while total sales decreased by 3.8%, according to BlockShopper.com.

From July through December of 2020, there were 25 homes sold, with a median sale price of $215,000 - a 22.3% increase over the $175,750 median sale price for the same period of the previous year. There were 26 homes sold in Hinckley in the second half of 2019.

The median sales tax in Hinckley for the most recent year with available data, 2019, was $5,441, approximately 2.5% of the median home sale price for the second half of 2020.

The following table compares Hinckley 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)
Maple Park131118.2%$264,000$256,0003.1%
Kingston27263.8%$219,000$187,00017.1%
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%

MORE NEWS