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Sunday, July 20, 2025

Belvidere home prices rise in the second half of 2018

Realestate4

The median sale price of a home sold in the second half of 2018 in Belvidere rose by $27,500 while total sales decreased by 19.7%, according to BlockShopper.com.

From July through December of 2018, there were 171 homes sold, with a median sale price of $142,500 - a 23.9% increase over the $115,000 median sale price for the same period of the previous year. There were 213 homes sold in Belvidere in the second half of 2017.

The median sales tax in Belvidere for the most recent year with available data, 2017, was $3,535, approximately 2.5% of the median home sale price for the second half of 2018.

The following table compares Belvidere to other Boone County cities in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Timberlane13862.5%$266,500$162,00064.5%
Loves Park1020-50%$238,250$229,2503.9%
Caledonia811-27.3%$227,750$140,00062.7%
Poplar Grove3343-23.3%$185,000$116,00059.5%
Candlewick Lake5457-5.3%$143,250$114,00025.7%
Belvidere171213-19.7%$142,500$115,00023.9%
Capron13944.4%$121,000$45,000168.9%
Garden Prairie10-$77,500$0-

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