Hinckley home prices rise in the third quarter of 2020

Medium realestate5

The median sale price of a home sold in the third quarter of 2020 in Hinckley rose by $54,450 while total sales decreased by 46.7%, according to BlockShopper.com.

From July through September of 2020, there were eight homes sold, with a median sale price of $222,450 - a 32.4% increase over the $168,000 median sale price for the same period of the previous year. There were 15 homes sold in Hinckley in the third quarter of 2019.

The median sales tax in Hinckley for the most recent year with available data, 2019, was $5,441, approximately 2.4% of the median home sale price for the third quarter of 2020.

The following table compares Hinckley 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)
Kirkland412-66.7%$223,000$160,50038.9%
Hinckley815-46.7%$222,450$168,00032.4%
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%

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