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DeKalb Times

Saturday, November 23, 2024

Falling home prices in Sandwich (DeKalb County) in the first half of 2022

Realestate4

The median sale price of a home sold in the first half of 2022 in Sandwich in DeKalb County fell by $23,750 while total sales decreased by 53.4 percent, according to BlockShopper.com.

From January through June, there were 27 homes sold, with a median sale price of $194,000 - a 10.9 percent decrease from the $217,750 median sale price for the same period of the previous year. There were 58 homes sold in Sandwich in the first half of 2021.

The median sales tax in Sandwich for the most recent year with available data, 2019, was $4,618, approximately 2.4 percent of the median home sale price for the first half of 2022.

The following table compares Sandwich 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
* This story only considers sales data for the part of Sandwich that is in DeKalb County.

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