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Sunday, September 29, 2024

Poplar Grove home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Poplar Grove fell by $124,333 while total sales increased by 80%, according to BlockShopper.com.

In December 2017, there were nine homes sold, with a median sale price of $48,667 - a 71.9% decrease over the $173,000 median sale price for the same period of the previous year. There were five homes sold in Poplar Grove in December 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 9.4%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Timberlane110%$121,833.33$406,000-70%
Caledonia20-$114,166.67$0-
Loves Park40-$90,250$0-
Poplar Grove9580%$48,666.67$173,000-71.9%
Belvidere2831-9.7%$47,500$89,000-46.6%
Candlewick Lake67-14.3%$44,500$115,000-61.3%
Capron3250%$19,000$63,500-70.1%
Garden Prairie00-$0$0-

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