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Monday, November 25, 2024

Capron home prices fall in the fourth quarter of 2017

Realestate077

The median sale price of a home sold in the fourth quarter of 2017 in Capron fell by $60,000 while total sales increased by 40%, according to BlockShopper.com.

From October through December of 2017, there were seven homes sold, with a median sale price of $35,000 - a 63.2% decrease over the $95,000 median sale price for the same period of the previous year. There were five homes sold in Capron in the fourth quarter of 2016.

The median sales tax in Capron for 2017 was $2,775.49. In 2016, the median sales tax was $2,783.50. This marks an decrease of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 7.9%.

The following table compares Capron to other Boone County cities in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Timberlane47-42.9%$112,583.33$245,000-54%
Caledonia47-42.9%$109,166.67$87,00025.5%
Loves Park7540%$86,666.67$227,500-61.9%
Poplar Grove2023-13%$55,250$150,000-63.2%
Belvidere8992-3.3%$53,000$113,000-53.1%
Candlewick Lake2028-28.6%$48,000$108,750-55.9%
Capron7540%$35,000$95,000-63.2%
Garden Prairie02-100%$0$41,000-100%

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