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Friday, November 1, 2024

Poplar Grove home prices fall in January 2018

Re 1

The median sale price of a home sold in January 2018 in Poplar Grove fell by $42,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In January 2018, there were five homes sold, with a median sale price of $171,000 - a 19.9% decrease over the $213,500 median sale price for the same period of the previous year. There were six homes sold in Poplar Grove in January 2017.

The median sales tax in Poplar Grove for the most recent year with available data, 2017, was $4,593, approximately 2.7% of the median home sale price for January 2018.

The following table compares Poplar Grove to other Boone County cities in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Poplar Grove56-16.7%$171,000$213,500-19.9%
Belvidere292516%$153,000$105,00045.7%
Candlewick Lake6450%$109,500$105,5003.8%
Capron10-$70,000$0-
Garden Prairie00-$0$0-
Caledonia03-100%$0$365,000-100%
Timberlane00-$0$0-
Loves Park00-$0$0-

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