Poplar Grove home prices fall in the third quarter of 2020

Medium realestate077

The median sale price of a home sold in the third quarter of 2020 in Poplar Grove fell by $5,750 while total sales increased by 44%, according to BlockShopper.com.

From July through September of 2020, there were 36 homes sold, with a median sale price of $192,250 - a 2.9% decrease over the $198,000 median sale price for the same period of the previous year. There were 25 homes sold in Poplar Grove in the third quarter of 2019.

The median sales tax in Poplar Grove for the most recent year with available data, 2019, was $4,908, approximately 2.6% of the median home sale price for the third quarter of 2020.

The following table compares Poplar Grove 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)
Timberlane56-16.7%$313,500$287,5009%
Loves Park10911.1%$265,000$263,3930.6%
Poplar Grove362544%$192,250$198,000-2.9%
Belvidere15412127.3%$164,500$161,0002.2%
Caledonia330%$160,000$393,000-59.3%
Candlewick Lake512696.2%$132,000$138,500-4.7%
Capron38-62.5%$128,000$133,950-4.4%
Garden Prairie21100%$34,500$80,000-56.9%

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