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Rockford Sun

Tuesday, May 27, 2025

Belvidere median home prices fell by 12.5% in January 2022

Webp realestate077

The median sale price of a home sold in January 2022 in Belvidere fell by $20,000 while total sales decreased by 46.5%, according to BlockShopper.com.

In January 2022, there were 23 homes sold, with a median sale price of $140,000 - a 12.5% decrease over the $160,000 median sale price for the same period of the previous year. There were 43 homes sold in Belvidere in January 2021.

The median sales tax in Belvidere for the most recent year with available data, 2019, was $3,698, approximately 2.6% of the median home sale price for January 2022.

The following table compares Belvidere to other Boone County cities in January 2022:

CityJan. 2022 Home SalesJan. 2021 Home Sales% change (Total Home Sales)Jan. 2022 Median Sales PriceJan. 2021 Median Sales Price% change (Median Sales Price)
Caledonia24-50%$363,750$258,50040.7%
Poplar Grove311-72.7%$310,000$205,00051.2%
Capron10-$235,000$0-
Candlewick Lake39-66.7%$196,500$137,00043.4%
Belvidere2343-46.5%$140,000$160,000-12.5%
Garden Prairie00-$0$0-
Timberlane00-$0$0-
Loves Park04-100%$0$312,500-100%

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