Belvidere home prices rise in the third quarter of 2020

Medium realestate4

The median sale price of a home sold in the third quarter of 2020 in Belvidere rose by $3,500 while total sales increased by 27.3%, according to

From July through September of 2020, there were 154 homes sold, with a median sale price of $164,500 - a 2.2% increase over the $161,000 median sale price for the same period of the previous year. There were 121 homes sold in Belvidere in the third quarter of 2019.

The median sales tax in Belvidere for the most recent year with available data, 2019, was $3,698, approximately 2.2% of the median home sale price for the third quarter of 2020.

The following table compares Belvidere to other Boone County cities in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Loves Park10911.1%$265,000$263,3930.6%
Poplar Grove362544%$192,250$198,000-2.9%
Candlewick Lake512696.2%$132,000$138,500-4.7%
Garden Prairie21100%$34,500$80,000-56.9%

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