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DeKalb Times

Saturday, November 23, 2024

Home prices decreased in Hinckley during Q3

Realestate077

The median sale price of a home sold in the third quarter of 2022 in Hinckley fell by $111,000 while total sales decreased by 50 percent, according to BlockShopper.com.

From July through September, there were three homes sold, with a median sale price of $164,000 - a 40.4 percent decrease from the $275,000 median sale price for the same period of the previous year. There were six homes sold in Hinckley in the third quarter of 2021.

The median sales tax in Hinckley for the most recent year with available data, 2021, was $5,690, approximately 3.5 percent of the median home sale price for the third quarter of 2022.

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

CityJuly - September 2022 Home SalesJuly - September 2021 Home Sales% change (Total Home Sales)July - September 2022 Median Sales PriceJuly - September 2021 Median Sales Price% change (Median Sales Price)
Sandwich9580$247,000$212,30016.3
Cortland21100$235,450$285,714-17.6
Somonauk31200$235,000$245,000-4.1
Sycamore3183-62.7$225,000$215,0004.7
Genoa828-71.4$225,000$201,00011.9
Kirkland413-69.2$215,750$185,00016.6
DeKalb38105-63.8$181,250$165,0009.8
Kingston24-50$169,250$193,750-12.6
Hinckley36-50$164,000$275,000-40.4
Waterman51400$146,000$165,000-11.5
Malta13-66.7$75,000$105,000-28.6

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