Quantcast

DeKalb Times

Saturday, November 23, 2024

Sycamore median home prices rose by 7.2% in the first half of 2022

Re 2

The median sale price of a home sold in the first half of 2022 in Sycamore rose by $14,000 while total sales decreased by 63.3 percent, according to BlockShopper.com.

From January through June, there were 58 homes sold, with a median sale price of $209,000 - a 7.2 percent increase over the $195,000 median sale price for the same period of the previous year. There were 158 homes sold in Sycamore in the first half of 2021.

The median sales tax in Sycamore for the most recent year with available data, 2019, was $5,129, approximately 2.5 percent of the median home sale price for the first half of 2022.

The following table compares Sycamore to other DeKalb County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Hinckley2235-37.1$240,000$190,00026.3
Maple Park550$235,000$293,000-19.8
Kingston1013-23.1$215,000$200,0007.5
Sycamore58158-63.3$209,000$195,0007.2
Sandwich2758-53.4$194,000$217,750-10.9
Kirkland322-86.4$189,900$222,500-14.7
Somonauk520-75$187,500$191,500-2.1
Genoa1946-58.7$187,000$192,500-2.9
Cortland520-75$176,500$177,700-0.7
DeKalb38227-83.3$162,500$165,000-1.5
Malta815-46.7$158,000$165,000-4.2

MORE NEWS