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DeKalb Times

Saturday, November 23, 2024

Rising home prices in Shabbona in Q2

Realestate5

The median sale price of a home sold in the second quarter of 2022 in Shabbona rose by $40,100 while total sales decreased by 60 percent, according to BlockShopper.com.

From April through June, there were two homes sold, with a median sale price of $185,000 - a 27.7 percent increase over the $144,900 median sale price for the same period of the previous year. There were five homes sold in Shabbona in the second quarter of 2021.

The median sales tax in Shabbona for the most recent year with available data, 2019, was $4,022, approximately 2.2 percent of the median home sale price for the second quarter of 2022.

The following table compares Shabbona to other DeKalb County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Hinckley814-42.9$285,000$232,75022.4
Cortland28-75$220,750$217,0001.7
Sycamore2392-75$215,000$219,500-2.1
Somonauk111-90.9$190,000$193,500-1.8
Genoa932-71.9$185,000$206,000-10.2
Shabbona25-60$185,000$144,90027.7
DeKalb19137-86.1$175,000$170,0002.9
Sandwich1536-58.3$165,000$234,000-29.5
Maple Park31200$140,000$122,50014.3
Waterman711-36.4$136,000$170,000-20
Kingston69-33.3$135,000$190,000-28.9

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