From January to March, 59 homes sold in Belvidere for a median price of $139,900. That's 12.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 2 homes in Belvidere were in foreclosure.
Median property tax for homeowners in Belvidere was $4,367.60 in 2016 according to tax data from that year. That means homeowners pay 3.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Belvidere real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
100
$131,625
-
2010
181
$141,721
7.7%
2011
120
$135,600
-4.3%
2012
67
$92,868
-31.5%
2013
93
$99,360
7%
2014
70
$90,961
-8.5%
2015
62
$112,095
23.2%
2016
70
$126,000
12.4%
2017
66
$124,440
-1.2%
2018
59
$139,900
12.4%
Median property tax
Median sale price
Effective property tax rate
2009
$4,164.59
$131,625
3.2%
2010
$4,785.94
$141,721
3.4%
2011
$4,283.60
$135,600
3.2%
2012
$3,756.16
$92,868
4%
2013
$4,316.58
$99,360
4.3%
2014
$3,630.13
$90,961
4%
2015
$3,696.07
$112,095
3.3%
2016
$4,367.60
$126,000
3.5%
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