The second half of 2021: Home prices in Loves Park (Winnebago County) increased

The second half of 2021: Home prices in Loves Park (Winnebago County) increased
0Comments

The median sale price of a home sold in the second half of 2021 in Loves Park in Winnebago County rose by $9,745 while total sales increased by 109.2%, according to BlockShopper.com.

From July through December of 2021, there were 205 homes sold, with a median sale price of $130,000 – a 8.1% increase over the $120,255 median sale price for the same period of the previous year. There were 98 homes sold in Loves Park in the second half of 2020.

The median sales tax in Loves Park for the most recent year with available data, 2019, was $2,815, approximately 2.2% of the median home sale price for the second half of 2021.

The following table compares Loves Park to other Winnebago County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
New Millford 6 5 20% $190,750 $151,000 26.3%
Lake Summerset 26 23 13% $187,500 $163,500 14.7%
Winnebago 36 24 50% $182,000 $170,000 7.1%
Cherry Valley 143 53 169.8% $177,000 $157,000 12.7%
Pecatonica 34 20 70% $172,000 $133,000 29.3%
Owen 19 9 111.1% $163,000 $140,000 16.4%
South Beloit 72 37 94.6% $134,000 $130,000 3.1%
Loves Park 205 98 109.2% $130,000 $120,255 8.1%
Machesney Park 264 142 85.9% $130,000 $125,000 4%
Durand 11 5 120% $125,000 $120,500 3.7%
Rockford 1,762 870 102.5% $115,000 $93,000 23.7%

* This story only considers sales data for the part of Loves Park that is in Winnebago County.



Related

Winnebago County home prices rose in August 2024 compared to August 2023

Winnebago County home prices rose in August 2024 compared to August 2023

In August, the median sale price of a home in Winnebago County rose by $15,000 from the same period in the previous year, while total sales decreased by 5%.

How did home valuation prices perform in Winnebago County in July 2024, compared to July 2023?

How did home valuation prices perform in Winnebago County in July 2024, compared to July 2023?

In July, the median sale price of a home in Winnebago County rose by $10,500 from the same period in the previous year, while total sales increased by 13%.

How did home valuation prices perform in Winnebago County in July 2024, compared to July 2023?

Home sales during week ending Sept. 7 in Winnebago County

There were 27 reported residential sales in Winnebago County in the week ending Sept. 7, according to BlockShopper.com.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Rockford Sun.