In January 2017, there were 25 homes sold, with a median sale price of $105,000 - a 8.1% decrease over the $114,250 median sale price for the same period of the previous year. There were 24 homes sold in Belvidere in January 2016.
The median sales tax in Belvidere for 2017 was $3,535. In 2016, the median sales tax was $3,449. This marks an increase of 2.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.4%.
The following table compares Belvidere to other Boone County cities in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Caledonia | 3 | 0 | - | $365,000 | $0 | - |
| Poplar Grove | 6 | 7 | -14.3% | $213,500 | $145,000 | 47.2% |
| Candlewick Lake | 4 | 4 | 0% | $105,500 | $60,500 | 74.4% |
| Belvidere | 25 | 24 | 4.2% | $105,000 | $114,250 | -8.1% |
| Garden Prairie | 0 | 0 | - | $0 | $0 | - |
| Timberlane | 0 | 1 | -100% | $0 | $230,000 | -100% |
| Loves Park | 0 | 1 | -100% | $0 | $235,000 | -100% |
| Capron | 0 | 0 | - | $0 | $0 | - |
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