Quantcast

Rockford Sun

Monday, December 23, 2024

Poplar Grove home prices fall in the first half of 2017

Re 8

The median sale price of a home sold in the first half of 2017 in Poplar Grove fell by $2,000 while total sales decreased by 4.5%, according to BlockShopper.com.

From January through June of 2017, there were 42 homes sold, with a median sale price of $150,250 - a 1.3% decrease over the $152,250 median sale price for the same period of the previous year. There were 44 homes sold in Poplar Grove in the first half of 2016.

The median sales tax in Poplar Grove for 2017 was $4,593. In 2016, the median sales tax was $4,301. This marks an increase of 6.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Poplar Grove to other Boone County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Caledonia811-27.3%$365,000$220,00065.9%
Timberlane910-10%$290,000$307,000-5.5%
Loves Park712-41.7%$265,000$216,00022.7%
Poplar Grove4244-4.5%$150,250$152,250-1.3%
Belvidere181195-7.2%$150,000$118,50026.6%
Garden Prairie10-$134,000$0-
Candlewick Lake494411.4%$100,000$110,000-9.1%
Capron7540%$95,000$88,0008%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS