January 2021: Loves Park (Winnebago County) experienced a 24% increase in median home prices

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The median sale price of a home sold in January 2021 in Loves Park in Winnebago County rose by $22,001 while total sales decreased by 64.3%, according to BlockShopper.com.

In January 2021, there were five homes sold, with a median sale price of $113,500 - a 24% increase over the $91,500 median sale price for the same period of the previous year. There were 14 homes sold in Loves Park in January 2020.

The median sales tax in Loves Park for the most recent year with available data, 2018, was $2,967, approximately 2.6% of the median home sale price for January 2021.

The following table compares Loves Park to other Winnebago County cities in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Cherry Valley510-50%$179,000$166,2507.7%
Loves Park514-64.3%$113,500$91,499.5024%
Machesney Park616-62.5%$112,250$76,03747.6%
South Beloit37-57.1%$33,500$132,500-74.7%
Lake Summerset02-100%$0$104,750-100%
New Millford00-$0$0-
* This story only considers sales data for the part of Loves Park that is in Winnebago County.

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