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DeKalb Times

Wednesday, November 27, 2024

Waterman median home prices rose by 14.4% in 2020

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The median sale price of a home sold in 2020 in Waterman rose by $25,311 while total sales decreased by 21.2%, according to BlockShopper.com.

From January through December of 2020, there were 26 homes sold, with a median sale price of $200,811 - a 14.4% increase over the $175,500 median sale price for the previous year. There were 33 homes sold in Waterman in 2019.

The median sales tax in Waterman for the most recent year with available data, 2019, was $4,210, approximately 2.1% of the median home sale price for 2020.

The following table compares Waterman to other DeKalb County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Maple Park262030%$235,500$252,500-6.7%
Kingston3951-23.5%$225,000$191,50017.5%
Hinckley4045-11.1%$202,500$189,9006.6%
Waterman2633-21.2%$200,810.60$175,50014.4%
Sycamore379429-11.7%$191,500$179,0007%
Sandwich143151-5.3%$185,000$157,00017.8%
Cortland8189-9%$181,500$166,0009.3%
Somonauk2848-41.7%$181,450$166,0009.3%
Genoa12210219.6%$178,750$177,612.500.6%
Kirkland3748-22.9%$162,500$170,450-4.7%
Malta3033-9.1%$155,500$142,0009.5%

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