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Rockford Sun

Tuesday, December 24, 2024

Belvidere home prices rise in June 2017

Realestate2

The median sale price of a home sold in June 2017 in Belvidere rose by $32,000 while total sales decreased by 18.4%, according to BlockShopper.com.

In June 2017, there were 40 homes sold, with a median sale price of $145,000 - a 28.3% increase over the $113,000 median sale price for the same period of the previous year. There were 49 homes sold in Belvidere in June 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 2.4%.

The following table compares Belvidere to other Boone County cities in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Caledonia15-80%$436,000$225,00093.8%
Timberlane41300%$373,000$225,50065.4%
Loves Park23-33.3%$249,000$289,000-13.8%
Poplar Grove510-50%$149,500$171,000-12.6%
Belvidere4049-18.4%$145,000$113,00028.3%
Candlewick Lake918-50%$100,000$114,000-12.3%
Garden Prairie00-$0$0-
Capron00-$0$0-

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