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Rockford Sun

Monday, December 23, 2024

Boone County home prices rose in the second half of 2022

Realestate2

The median sale price of a home sold in the second half of 2022 in Boone County rose by $5,000 while total sales decreased by 31.2%.

From July through December of 2022, there were 289 homes sold, with a median sale price of $190,000 - a 2.7% increase over the $185,000 median sale price for the same period of the previous year. There were 420 homes sold in Boone County in the second half of 2021.

The median sales tax in Boone County for the most recent year with available data, 2021, was $4,153 approximately 2.2% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Boone County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$185000$185000$192500$192500$190000$190000

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