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Rockford Sun

Sunday, November 24, 2024

Boone County home prices fall in October 2023 compared to October 2022

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In October 2023, the median sale price of a home in Boone County fell by $19,750 from the same period in the previous year, while total sales decreased by 18.2%, according to BlockShopper.com.

Data shows that there were 36 homes sold in October 2023, with a median sale price of $187,750 - a 9.5% decrease from the $207,500 median sale price for the same period of the previous year. There were 44 homes sold in Boone County in October 2022.

For context, the median sales tax in Boone County, based on the latest available data from 2021, was $4,153, which stands at 2.2% of October 2023's median home sale price.

The following histogram displays changes in median sales prices in Boone County from October 2022 to October 2023.

October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023$207,500$207,500$195,000$195,000$165,000$165,000$165,000$165,000$189,900$189,900$197,450$197,450$219,950$219,950$100,000$100,000$265,000$265,000$235,000$235,000$241,250$241,250$172,500$172,500$187,750$187,750

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