Quantcast

Rockford Sun

Sunday, July 20, 2025

Timberlane home prices fall in 2018

Re 14

The median sale price of a home sold in 2018 in Timberlane fell by $500 while total sales increased by 5.9%, according to BlockShopper.com.

From January through December of 2018, there were 18 homes sold, with a median sale price of $269,500 - a 0.2% decrease over the $270,000 median sale price for the previous year. There were 17 homes sold in Timberlane in 2017.

The median sales tax in Timberlane for the most recent year with available data, 2017, was $7,455, approximately 2.8% of the median home sale price for 2018.

The following table compares Timberlane to other Boone County cities in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Timberlane18175.9%$269,500$270,000-0.2%
Loves Park312714.8%$239,900$234,0002.5%
Caledonia1519-21.1%$220,000$232,500-5.4%
Poplar Grove8385-2.4%$182,000$145,00025.5%
Belvidere391394-0.8%$147,000$130,00013.1%
Candlewick Lake1161069.4%$135,450$105,00029%
Capron241650%$116,500$84,00038.7%
Garden Prairie21100%$73,750$134,000-45%

MORE NEWS