From October to December, 37 homes sold in Belvidere for a median price of $142,500. That's 163.6 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Belvidere.
Median property tax for homeowners in Belvidere was $4,422.61 in 2017 according to tax data from that year. That means homeowners pay 8.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Belvidere real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
181
$149,760
-
2010
128
$119,586
-20.1%
2011
83
$111,870
-6.5%
2012
121
$108,891
-2.7%
2013
129
$113,400
4.1%
2014
95
$112,890
-0.4%
2015
90
$106,530
-5.6%
2016
92
$118,650
11.4%
2017
89
$54,060
-54.4%
2018
37
$142,500
163.6%
Median property tax
Median sale price
Effective property tax rate
2009
$4,384.66
$149,760
2.9%
2010
$3,930.46
$119,586
3.3%
2011
$3,753.65
$111,870
3.4%
2012
$3,994.67
$108,891
3.7%
2013
$4,165.32
$113,400
3.7%
2014
$3,949.60
$112,890
3.5%
2015
$3,247.04
$106,530
3%
2016
$3,766.85
$118,650
3.2%
2017
$4,422.60
$54,060
8.2%
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