DeKalb home prices rise in the third quarter of 2020

Medium re 10

The median sale price of a home sold in the third quarter of 2020 in DeKalb rose by $14,500 while total sales decreased by 33.1%, according to BlockShopper.com.

From July through September of 2020, there were 103 homes sold, with a median sale price of $157,500 - a 10.1% increase over the $143,000 median sale price for the same period of the previous year. There were 154 homes sold in DeKalb in the third quarter of 2019.

The median sales tax in DeKalb for the most recent year with available data, 2019, was $4,868, approximately 3.1% of the median home sale price for the third quarter of 2020.

The following table compares DeKalb to other DeKalb County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Waterman121020%$210,000$142,50047.4%
Kingston13128.3%$210,000$185,50013.2%
Sandwich2551-51%$200,000$170,00017.6%
Maple Park35-40%$194,000$257,000-24.5%
Cortland1822-18.2%$184,750$169,7508.8%
Sycamore85138-38.4%$180,001$185,000-2.7%
Genoa2336-36.1%$180,000$190,500-5.5%
Shabbona67-14.3%$178,000$152,00017.1%
Malta413-69.2%$172,500$125,00038%
DeKalb103154-33.1%$157,500$143,00010.1%
Somonauk714-50%$145,000$165,950-12.6%

Blockshopper green logo