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Saturday, November 23, 2024

Poplar Grove home prices fall in October 2017

Realestate077

The median sale price of a home sold in October 2017 in Poplar Grove fell by $93,667 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2017, there were eight homes sold, with a median sale price of $56,833 - a 62.2% decrease over the $150,500 median sale price for the same period of the previous year. There were 12 homes sold in Poplar Grove in October 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 8.1%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Timberlane14-75%$272,000$252,5007.7%
Caledonia13-66.7%$140,000$67,000109%
Loves Park21100%$90,833.34$235,000-61.3%
Belvidere423135.5%$60,250$115,000-47.6%
Poplar Grove812-33.3%$56,833.34$150,500-62.2%
Candlewick Lake915-40%$55,000$103,000-46.6%
Capron30-$45,000$0-
Garden Prairie02-100%$0$41,000-100%

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