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Tuesday, November 26, 2024

Loves Park (Boone County) home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Loves Park in Boone County rose by $144,167 while total sales increased by 50%, according to BlockShopper.com.

In October 2018, there were three homes sold, with a median sale price of $235,000 - a 158.7% increase over the $90,833 median sale price for the same period of the previous year. There were two homes sold in Loves Park in October 2017.

The median sales tax in Loves Park for the most recent year with available data, 2017, was $7,398, approximately 3.1% of the median home sale price for October 2018.

The following table compares Loves Park to other Boone County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Timberlane21100%$302,500$272,00011.2%
Loves Park3250%$235,000$90,833.34158.7%
Poplar Grove10825%$189,865$56,833.34234.1%
Candlewick Lake11922.2%$167,500$55,000204.5%
Caledonia21100%$155,750$140,00011.3%
Belvidere3442-19%$143,750$60,250138.6%
Capron4333.3%$69,200$45,00053.8%
Garden Prairie00-$0$0-
* This story only considers sales data for the part of Loves Park that is in Boone County.

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