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Thursday, November 28, 2024

Caledonia home prices rise 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 Caledonia rose by $113,550 while total sales increased by 200%, according to BlockShopper.com.

From January through March of 2019, there were six homes sold, with a median sale price of $312,500 - a 57.1% increase over the $198,950 median sale price for the same period of the previous year. There were two homes sold in Caledonia in the first quarter of 2018.

The median sales tax in Caledonia for the most recent year with available data, 2018, was $5,743, approximately 1.8% of the median home sale price for the first quarter of 2019.

The following table compares Caledonia 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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