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Friday, November 1, 2024

Loves Park (Winnebago County) home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Loves Park in Winnebago County fell by $4,500 while total sales decreased by 12.5%, according to BlockShopper.com.

In January 2018, there were 14 homes sold, with a median sale price of $80,500 - a 5.3% decrease over the $85,000 median sale price for the same period of the previous year. There were 16 homes sold in Loves Park in January 2017.

The median sales tax in Loves Park for the most recent year with available data, 2017, was $2,890, approximately 3.6% of the median home sale price for January 2018.

The following table compares Loves Park to other Winnebago County cities with similar median sales prices 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)
Roscoe1832-43.8%$147,950$159,500-7.2%
South Beloit78-12.5%$137,500$125,2009.8%
Durand51400%$132,000$135,000-2.2%
Owen13-66.7%$130,000$120,0008.3%
Cherry Valley12850%$123,450$152,700-19.2%
Lake Summerset42100%$112,750$101,00011.6%
Machesney Park393414.7%$110,000$84,329.5030.4%
Loves Park1416-12.5%$80,500$85,000-5.3%
Rockford1811753.4%$70,000$53,50030.8%
Pecatonica6450%$70,000$145,200-51.8%
Winnebago34-25%$55,000$105,107.50-47.7%
* This story only considers sales data for the part of Loves Park that is in Winnebago County.

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