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Sunday, December 29, 2024

Timberlane home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Timberlane rose by $25,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In November 2019, there were two homes sold, with a median sale price of $360,000 - a 7.5% increase over the $335,000 median sale price for the same period of the previous year. There were two homes sold in Timberlane in November 2018, as well.

The median sales tax in Timberlane for the most recent year with available data, 2018, was $7,451, approximately 2.1% of the median home sale price for November 2019.

The following table compares Timberlane to other Boone County cities in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Timberlane220%$360,000$335,0007.5%
Loves Park12-50%$233,000$267,450-12.9%
Poplar Grove57-28.6%$155,000$171,000-9.4%
Belvidere2833-15.2%$148,500$135,5009.6%
Candlewick Lake79-22.2%$121,000$111,0009%
Capron00-$0$0-
Garden Prairie00-$0$0-
Caledonia02-100%$0$365,000-100%

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