In July 2021, there were three homes sold, with a median sale price of $324,900 - a 27.4% decrease over the $447,500 median sale price for the same period of the previous year. There were two homes sold in Timberlane in July 2020.
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 July 2021.
The following table compares Timberlane to other Boone County cities in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Caledonia | 1 | 1 | 0% | $410,000 | $143,000 | 186.7% |
| Loves Park | 6 | 2 | 200% | $336,250 | $235,000 | 43.1% |
| Timberlane | 3 | 2 | 50% | $324,900 | $447,500 | -27.4% |
| Poplar Grove | 11 | 14 | -21.4% | $208,000 | $200,000 | 4% |
| Belvidere | 44 | 40 | 10% | $188,000 | $169,000 | 11.2% |
| Candlewick Lake | 14 | 23 | -39.1% | $166,376 | $129,900 | 28.1% |
| Capron | 4 | 1 | 300% | $130,000 | $152,000 | -14.5% |
| Garden Prairie | 0 | 1 | -100% | $0 | $24,000 | -100% |
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