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Thursday, October 31, 2024

Belvidere home prices rise in January 2018

Re 13

The median sale price of a home sold in January 2018 in Belvidere rose by $48,000 while total sales increased by 16%, according to BlockShopper.com.

In January 2018, there were 29 homes sold, with a median sale price of $153,000 - a 45.7% increase over the $105,000 median sale price for the same period of the previous year. There were 25 homes sold in Belvidere in January 2017.

The median sales tax in Belvidere for the most recent year with available data, 2017, was $3,535, approximately 2.3% of the median home sale price for January 2018.

The following table compares Belvidere 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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