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:
City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Roscoe | 18 | 32 | -43.8% | $147,950 | $159,500 | -7.2% |
South Beloit | 7 | 8 | -12.5% | $137,500 | $125,200 | 9.8% |
Durand | 5 | 1 | 400% | $132,000 | $135,000 | -2.2% |
Owen | 1 | 3 | -66.7% | $130,000 | $120,000 | 8.3% |
Cherry Valley | 12 | 8 | 50% | $123,450 | $152,700 | -19.2% |
Lake Summerset | 4 | 2 | 100% | $112,750 | $101,000 | 11.6% |
Machesney Park | 39 | 34 | 14.7% | $110,000 | $84,329.50 | 30.4% |
Loves Park | 14 | 16 | -12.5% | $80,500 | $85,000 | -5.3% |
Rockford | 181 | 175 | 3.4% | $70,000 | $53,500 | 30.8% |
Pecatonica | 6 | 4 | 50% | $70,000 | $145,200 | -51.8% |
Winnebago | 3 | 4 | -25% | $55,000 | $105,107.50 | -47.7% |