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Sunday, November 24, 2024

How did home prices perform in Sycamore during the first quarter of 2022?

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The median sale price of a home sold in the first quarter of 2022 in Sycamore rose by $17,751 while total sales decreased by 84.8%, according to BlockShopper.com.

From January through March of 2022, there were 10 homes sold, with a median sale price of $187,751 - a 10.4% increase over the $170,000 median sale price for the same period of the previous year. There were 66 homes sold in Sycamore in the first quarter of 2021.

The median sales tax in Sycamore for the most recent year with available data, 2019, was $5,129, approximately 2.7% of the median home sale price for the first quarter of 2022.

The following table compares Sycamore to other DeKalb County cities in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Maple Park14-75%$240,000$387,924-38.1%
Malta3250%$215,000$160,00034.4%
Hinckley521-76.2%$189,000$182,0003.8%
Sycamore1066-84.8%$187,751.42$170,00010.4%
Genoa314-78.6%$166,500$187,400-11.2%
Shabbona12-50%$157,000$226,750-30.8%
Waterman18-87.5%$156,000$154,2001.2%
Sandwich622-72.7%$154,000$184,200-16.4%
Somonauk49-55.6%$150,550$176,000-14.5%
Cortland312-75%$147,000$155,982.50-5.8%
DeKalb1690-82.2%$126,500$155,500-18.6%
Kirkland08-100%$0$182,450-100%
Kingston04-100%$0$210,450-100%

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