Is DeKalb Township, IL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing DeKalb Township is a seller's market


Difference Since February 2022

Since last year, DeKalb Township has remained a Seller's Market.

Key Takeaway

DeKalb Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in DeKalb Township, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2022


Key Takeaway

Homes in DeKalb Township have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $113.5K$137K
2 $139K$149.9K
3 $173.4K$186.2K
4 $229K$240K
5+ $216K$256.5K

Median Sold Price Compared To Nearby Cities

Cortland Township
DeKalb Township

How many homes are available in DeKalb Township, IL?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
2 611
3 3033
4 2120
5+ 56

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeKalb Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
62 Days54 Days-13.1%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in DeKalb Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About DeKalb Township, IL

Homes for sale in DeKalb Township, IL have reached 71. The number of homes for sale in DeKalb Township, IL increased by 12.7% between January 2023 and February 2023. In February 2023 median list price was $190,000 and the average listing age was 54 days. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties prices increased by 20.7%, the cost of 2 bedrooms properties went up by 7.9%, the cost of 3 bedrooms properties went up by 7.4%, prices of 4 bedrooms properties went up by 4.8%, prices of 5 bedrooms properties increased by 18.8%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 83.3%, number of 3 bedrooms homes increased by 10%, number of 4 bedrooms homes decreased by 4.8%, volume of 5 bedrooms homes went up by 20%. In February 2023 more than 4 listings in DeKalb Township, IL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 14 were sold below.

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