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Rockford Sun

Tuesday, November 5, 2024

Poplar Grove home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Poplar Grove rose by $68,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $213,500 - a 47.2% increase over the $145,000 median sale price for the same period of the previous year. There were seven homes sold in Poplar Grove in January 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 2.2%.

The following table compares Poplar Grove to other Boone County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Caledonia30-$365,000$0-
Poplar Grove67-14.3%$213,500$145,00047.2%
Candlewick Lake440%$105,500$60,50074.4%
Belvidere25244.2%$105,000$114,250-8.1%
Garden Prairie00-$0$0-
Timberlane01-100%$0$230,000-100%
Loves Park01-100%$0$235,000-100%
Capron00-$0$0-

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