From October through December of 2020, there were seven homes sold, with a median sale price of $327,000 - a 0.9% decrease over the $330,000 median sale price for the same period of the previous year. There were five homes sold in Timberlane in the fourth quarter of 2019.
The median sales tax in Timberlane for the most recent year with available data, 2019, was $7,392, approximately 2.3% of the median home sale price for the fourth quarter of 2020.
The following table compares Timberlane to other Boone County cities in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Timberlane | 7 | 5 | 40% | $327,000 | $330,000 | -0.9% |
| Caledonia | 6 | 4 | 50% | $297,500 | $392,500 | -24.2% |
| Loves Park | 7 | 3 | 133.3% | $295,000 | $233,000 | 26.6% |
| Poplar Grove | 30 | 21 | 42.9% | $210,950 | $179,900 | 17.3% |
| Belvidere | 128 | 93 | 37.6% | $162,500 | $164,500 | -1.2% |
| Candlewick Lake | 22 | 23 | -4.3% | $154,500 | $134,000 | 15.3% |
| Capron | 5 | 1 | 400% | $135,000 | $65,000 | 107.7% |
| Garden Prairie | 0 | 0 | - | $0 | $0 | - |
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