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Thursday, July 3, 2025

Belvidere home prices fall in May 2018

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The median sale price of a home sold in May 2018 in Belvidere fell by $22,100 while total sales increased by 7.3%, according to BlockShopper.com.

In May 2018, there were 44 homes sold, with a median sale price of $139,900 - a 13.6% decrease over the $162,000 median sale price for the same period of the previous year. There were 41 homes sold in Belvidere in May 2017.

The median sales tax in Belvidere for the most recent year with available data, 2017, was $3,535, approximately 2.5% of the median home sale price for May 2018.

The following table compares Belvidere to other Boone County cities in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Loves Park52150%$234,000$252,500-7.3%
Candlewick Lake811-27.3%$169,000$87,50093.1%
Poplar Grove1213-7.7%$167,500$181,000-7.5%
Belvidere44417.3%$139,900$162,000-13.6%
Capron220%$92,450$99,000-6.6%
Garden Prairie01-100%$0$134,000-100%
Caledonia03-100%$0$310,000-100%
Timberlane03-100%$0$275,000-100%

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