The median sale price of a home sold in the third quarter of 2020 in Loves Park in Boone County rose by $1,607 while total sales increased by 11.1%, according to BlockShopper.com.
From July through September of 2020, there were 10 homes sold, with a median sale price of $265,000 - a 0.6% increase over the $263,393 median sale price for the same period of the previous year. There were nine homes sold in Loves Park in the third quarter of 2019.
The median sales tax in Loves Park for the most recent year with available data, 2019, was $7,475, approximately 2.8% of the median home sale price for the third quarter of 2020.
The following table compares Loves Park to other Boone County cities in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Timberlane | 5 | 6 | -16.7% | $313,500 | $287,500 | 9% |
| Loves Park | 10 | 9 | 11.1% | $265,000 | $263,393 | 0.6% |
| Poplar Grove | 36 | 25 | 44% | $192,250 | $198,000 | -2.9% |
| Belvidere | 154 | 121 | 27.3% | $164,500 | $161,000 | 2.2% |
| Caledonia | 3 | 3 | 0% | $160,000 | $393,000 | -59.3% |
| Candlewick Lake | 51 | 26 | 96.2% | $132,000 | $138,500 | -4.7% |
| Capron | 3 | 8 | -62.5% | $128,000 | $133,950 | -4.4% |
| Garden Prairie | 2 | 1 | 100% | $34,500 | $80,000 | -56.9% |
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