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Monday, July 21, 2025

Belvidere home prices fall 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 Belvidere fell by $4,550 while total sales increased by 8.1%, according to BlockShopper.com.

From July through September of 2018, there were 134 homes sold, with a median sale price of $143,950 - a 3.1% decrease over the $148,500 median sale price for the same period of the previous year. There were 124 homes sold in Belvidere in the third quarter of 2017.

The median sales tax in Belvidere for the most recent year with available data, 2017, was $3,534.80, approximately 2.5% of the median home sale price for the third quarter of 2018.

The following table compares Belvidere 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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