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Thursday, November 28, 2024

Poplar Grove home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Poplar Grove fell by $40,100 while total sales decreased by 52.6%, according to BlockShopper.com.

From January through March of 2019, there were nine homes sold, with a median sale price of $169,900 - a 19.1% decrease over the $210,000 median sale price for the same period of the previous year. There were 19 homes sold in Poplar Grove in the first quarter of 2018.

The median sales tax in Poplar Grove for the most recent year with available data, 2018, was $4,896, approximately 2.9% of the median home sale price for the first quarter of 2019.

The following table compares Poplar Grove to other Boone County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Caledonia62200%$312,500$198,95057.1%
Timberlane42100%$286,000$277,2503.2%
Loves Park34-25%$186,000$268,500-30.7%
Poplar Grove919-52.6%$169,900$210,000-19.1%
Candlewick Lake14140%$153,500$126,00021.8%
Belvidere705918.6%$117,500$139,900-16%
Capron220%$117,100$109,9506.5%
Garden Prairie00-$0$0-

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