Belvidere home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Belvidere fell by $19,000 while total sales increased by 37.8%, according to

In September 2020, there were 51 homes sold, with a median sale price of $156,000 - a 10.9% decrease over the $175,000 median sale price for the same period of the previous year. There were 37 homes sold in Belvidere in September 2019.

The median sales tax in Belvidere for the most recent year with available data, 2019, was $3,698, approximately 2.4% of the median home sale price for September 2020.

The following table compares Belvidere to other Boone County cities in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Loves Park6520%$271,500$263,3933.1%
Poplar Grove10825%$177,500$182,500-2.7%
Candlewick Lake131118.2%$138,000$135,0002.2%
Garden Prairie110%$45,000$80,000-43.8%

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