The fourth quarter of 2021: Home prices in Caledonia increased

The fourth quarter of 2021: Home prices in Caledonia increased
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The median sale price of a home sold in the fourth quarter of 2021 in Caledonia rose by $102,500 while total sales decreased by 16.7%, according to BlockShopper.com.

From October through December of 2021, there were five homes sold, with a median sale price of $400,000 – a 34.5% increase over the $297,500 median sale price for the same period of the previous year. There were six homes sold in Caledonia in the fourth quarter of 2020.

The median sales tax in Caledonia for the most recent year with available data, 2019, was $5,733, approximately 1.4% of the median home sale price for the fourth quarter of 2021.

The following table compares Caledonia to other Boone County cities in the fourth quarter of 2021:

City Oct. – Dec. 2021 Home Sales Oct. – Dec. 2020 Home Sales % change (Total Home Sales) Oct. – Dec. 2021 Median Sales Price Oct. – Dec. 2020 Median Sales Price % change (Median Sales Price)
Caledonia 5 6 -16.7% $400,000 $297,500 34.5%
Timberlane 4 7 -42.9% $352,500 $327,000 7.8%
Loves Park 6 7 -14.3% $302,500 $295,000 2.5%
Poplar Grove 10 31 -67.7% $249,950 $209,900 19.1%
Capron 3 6 -50% $170,000 $146,450 16.1%
Belvidere 99 133 -25.6% $170,000 $160,000 6.3%
Candlewick Lake 20 22 -9.1% $168,000.50 $154,500 8.7%
Garden Prairie 2 0 – $153,000 $0 –


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