In July 2019, there were three homes sold, with a median sale price of $285,000 - a 16.6% increase over the $244,500 median sale price for the same period of the previous year. There were four homes sold in Timberlane in July 2018.
The median sales tax in Timberlane for the most recent year with available data, 2018, was $7,451, approximately 2.6% of the median home sale price for July 2019.
The following table compares Timberlane to other Boone County cities in July 2019:
| City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Caledonia | 1 | 3 | -66.7% | $393,000 | $220,000 | 78.6% |
| Timberlane | 3 | 4 | -25% | $285,000 | $244,500 | 16.6% |
| Loves Park | 3 | 3 | 0% | $212,500 | $254,900 | -16.6% |
| Poplar Grove | 6 | 9 | -33.3% | $194,000 | $159,900 | 21.3% |
| Belvidere | 36 | 43 | -16.3% | $162,500 | $136,000 | 19.5% |
| Candlewick Lake | 9 | 14 | -35.7% | $139,000 | $132,450 | 4.9% |
| Capron | 3 | 2 | 50% | $109,000 | $116,250 | -6.2% |
| Garden Prairie | 0 | 0 | - | $0 | $0 | - |
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