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Sunday, July 20, 2025

Belvidere home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Belvidere rose by $89,500 while total sales decreased by 58.4%, according to BlockShopper.com.

From October through December of 2018, there were 37 homes sold, with a median sale price of $142,500 - a 168.9% increase over the $53,000 median sale price for the same period of the previous year. There were 89 homes sold in Belvidere in the fourth 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 fourth quarter of 2018.

The following table compares Belvidere to other Boone County cities in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Timberlane24-50%$302,500$112,583.33168.7%
Loves Park37-57.1%$235,000$86,666.67171.2%
Poplar Grove1120-45%$189,000$55,250242.1%
Candlewick Lake1120-45%$167,500$48,000249%
Caledonia24-50%$155,750$109,166.6742.7%
Belvidere3789-58.4%$142,500$53,000168.9%
Capron47-42.9%$69,200$35,00097.7%
Garden Prairie00-$0$0-

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