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From January through December of 2020, there were 18 homes sold, with a median sale price of $315,500 - a 7.9% increase over the $292,500 median sale price for the previous year. There were 20 homes sold in Timberlane in 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 2020.
The following table compares Timberlane to other Boone County cities in 2020:
| City | Jan. - Dec. 2020 Home Sales | Jan. - Dec. 2019 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2020 Median Sales Price | Jan. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Timberlane | 18 | 20 | -10% | $315,500 | $292,500 | 7.9% |
| Loves Park | 25 | 24 | 4.2% | $275,000 | $242,000 | 13.6% |
| Caledonia | 19 | 13 | 46.2% | $270,000 | $330,000 | -18.2% |
| Poplar Grove | 107 | 78 | 37.2% | $195,000 | $182,450 | 6.9% |
| Belvidere | 459 | 356 | 28.9% | $155,000 | $155,000 | 0% |
| Candlewick Lake | 116 | 79 | 46.8% | $136,250 | $138,000 | -1.3% |
| Capron | 12 | 17 | -29.4% | $119,000 | $109,900 | 8.3% |
| Garden Prairie | 3 | 1 | 200% | $45,000 | $80,000 | -43.8% |
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