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DeKalb Times

Monday, November 25, 2024

Falling home prices in Sycamore in February 2022

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The median sale price of a home sold in February 2022 in Sycamore fell by $75,999 while total sales decreased by 88.9%, according to BlockShopper.com.

In February 2022, there were two homes sold, with a median sale price of $109,001 - a 41.1% decrease over the $185,000 median sale price for the same period of the previous year. There were 18 homes sold in Sycamore in February 2021.

The median sales tax in Sycamore for the most recent year with available data, 2019, was $5,129, approximately 4.7% of the median home sale price for February 2022.

The following table compares Sycamore to other DeKalb County cities in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Hinckley24-50%$227,500$201,00013.2%
Sandwich24-50%$192,750$193,950-0.6%
Somonauk220%$176,800$194,000-8.9%
Shabbona10-$157,000$0-
Cortland110%$147,000$206,000-28.6%
DeKalb520-75%$125,000$127,950-2.3%
Sycamore218-88.9%$109,001.42$185,000-41.1%
Waterman01-100%$0$817,000-100%
Maple Park02-100%$0$216,500-100%
Kirkland03-100%$0$239,000-100%
Malta00-$0$0-
Genoa03-100%$0$187,800-100%
Kingston01-100%$0$543,000-100%

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