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Tuesday, November 26, 2024

Poplar Grove home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Poplar Grove rose by $14,450 while total sales decreased by 4.3%, according to BlockShopper.com.

From July through September of 2018, there were 22 homes sold, with a median sale price of $184,450 - a 8.5% increase over the $170,000 median sale price for the same period of the previous year. There were 23 homes sold in Poplar Grove in the third quarter of 2017.

The median sales tax in Poplar Grove for the most recent year with available data, 2017, was $4,593.40, approximately 2.5% of the median home sale price for the third quarter of 2018.

The following table compares Poplar Grove to other Boone County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Timberlane114175%$250,000$197,00026.9%
Loves Park713-46.2%$239,000$259,500-7.9%
Caledonia67-14.3%$237,700$232,5002.2%
Poplar Grove2223-4.3%$184,450$170,0008.5%
Belvidere1341248.1%$143,950$148,500-3.1%
Candlewick Lake433716.2%$140,000$120,00016.7%
Capron92350%$127,500$117,5008.5%
Garden Prairie10-$77,500$0-

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