How did home prices perform in Loves Park (Boone County) during the second half of 2021?

How did home prices perform in Loves Park (Boone County) during the second half of 2021?
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The median sale price of a home sold in the second half of 2021 in Loves Park in Boone County rose by $44,900 while total sales increased by 11.8%, according to BlockShopper.com.

From July through December of 2021, there were 19 homes sold, with a median sale price of $319,900 – a 16.3% increase over the $275,000 median sale price for the same period of the previous year. There were 17 homes sold in Loves Park in the second half of 2020.

The median sales tax in Loves Park for the most recent year with available data, 2019, was $7,475, approximately 2.3% of the median home sale price for the second half of 2021.

The following table compares Loves Park to other Boone County cities in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Caledonia 12 9 33.3% $350,000 $240,000 45.8%
Timberlane 13 12 8.3% $336,500 $317,500 6%
Loves Park 19 17 11.8% $319,900 $275,000 16.3%
Poplar Grove 46 67 -31.3% $232,500 $195,500 18.9%
Belvidere 244 287 -15% $171,000 $163,000 4.9%
Candlewick Lake 62 73 -15.1% $167,876 $143,000 17.4%
Garden Prairie 5 2 150% $165,000 $34,500 378.3%
Capron 11 9 22.2% $165,000 $135,000 22.2%

* This story only considers sales data for the part of Loves Park that is in Boone County.



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