October's First-Time Homebuyer Report for DeKalb

The population of DeKalb is growing faster than the rest of Illinois, at a 10-year growth rate of 9.1%. It's a larger than average city compared to the rest of the state, with 43,862 residents. DeKalb is made up of homes that are considered relatively old with a median of 34 years. The top school in the city is Kec Central Efe 170.

Price Range

The median value of homes in DeKalb is $126,700, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $137,063. The DeKalb market showed gains in this week's report, as the number of home sales rocketed 32.1%, pushing the total to 37 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in DeKalb? These listings have stirred up interest and produced the most views:

$190K   $149K   $190K  

Typical Dwelling

The typical dwelling in DeKalb is a three-bedroom detached home worth about $141,145. To purchase a similar home, a buyer with good credit and a $28,229 cash down payment could obtain a mortgage with a 3.95% interest rate and a $781 monthly payment. The property tax rate is $21.01 per $1,000 of taxable assessed value.

Get started right now by checking out DeKalb homes for sale or reviewing DeKalb real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Schulenburg Realty, Inc
Snapped 9 homes in this area
Coldwell Banker Honig-Bell
Snapped 1 home in this area

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