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Wednesday, June 25, 2025

Timberlane home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Timberlane rose by $15,000 while total sales decreased by 66.7%, according to BlockShopper.com.

From January through June of 2018, there were three homes sold, with a median sale price of $305,000 - a 5.2% increase over the $290,000 median sale price for the same period of the previous year. There were nine homes sold in Timberlane in the first half of 2017.

The median sales tax in Timberlane for the most recent year with available data, 2017, was $7,455, approximately 2.4% of the median home sale price for the first half of 2018.

The following table compares Timberlane to other Boone County cities in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Timberlane39-66.7%$305,000$290,0005.2%
Loves Park187157.1%$246,000$265,000-7.2%
Caledonia48-50%$209,000$365,000-42.7%
Poplar Grove4142-2.4%$170,000$150,25013.1%
Belvidere156181-13.8%$145,950$150,000-2.7%
Candlewick Lake4349-12.2%$127,400$100,00027.4%
Capron9728.6%$105,000$95,00010.5%
Garden Prairie110%$70,000$134,000-47.8%

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