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Rockford Sun

Tuesday, November 26, 2024

Belvidere home prices rise in October 2018

Realestate3

The median sale price of a home sold in October 2018 in Belvidere rose by $83,500 while total sales decreased by 19%, according to BlockShopper.com.

In October 2018, there were 34 homes sold, with a median sale price of $143,750 - a 138.6% increase over the $60,250 median sale price for the same period of the previous year. There were 42 homes sold in Belvidere in October 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 October 2018.

The following table compares Belvidere 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-

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