Boone County, IL Home Values & Market Trends

The median home price in Boone County, IL is $236,757.14. There were 726 home sales in Boone County, IL over the past 12 months. The median residential Boone County, IL home value for transactions over the previous year is $190,000. The number of current listings in Boone County, IL is 61, and the percentage of properties for sale is 61.00%. The county has 96 foreclosures, 3 bank owned properties, 9 headed for auction, and 61 properties for sale.

Boone County, IL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Belvidere

$ 214,250

$ 127/sqft

Garden Prairie

$ 295,000

$ 144/sqft

Poplar Grove

$ 228,367

$ 125/sqft

Capron

$ 219,000

$ 142/sqft

Caledonia

$ 611,548

$ 149/sqft

Housing Market Summary for Boone County, IL

Apr 2023March 2024Change
Median Listing Price$255K$249.7K-2.09%
Median Sold Price$205.5K$249.7K21.48%
Homes For Sale6959-14.49%
Homes Sold40946413.45%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Boone County, IL

Boone County, IL home values range from $20,480 to $12,793,916. Caledonia is the priciest city with a median listing home price of $665,000, and Capron is most affordable with average house prices of around $199,000.

Foreclosure
There are 5 cities within Boone County, IL; within these cities, the median estimated home value for homes in foreclosure ranges from $313,697 in Belvidere to the lowest value of $81,377 in Belvidere. Foreclosure homes account for 0.00% of properties in Boone County, IL with Belvidere containing 54 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.45% of all residential properties in Boone County, IL with Belvidere containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Boone County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $392,521 in Caledonia to the lowest home value of $81,377 in Belvidere.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Boone County, IL ranges from the highest value of $171,632 in Poplar Grove to the lowest value of $171,506 in Belvidere. Bank owned homes and properties account for 0.02% of properties in Boone County, IL. There are 5 cities within Boone County, IL; Belvidere containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Belvidere has 6 auction properties, the highest number of properties going to auction in a single city in the state of Boone County, IL. Auction homes and other auction properties account for 0.05% of all properties in Boone County, IL. There are 5 cities within Boone County, IL; of those cities, the median estimated home value for homes going to auction ranges from $457,845 in Poplar Grove to the lowest value of $104,992 in Poplar Grove.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Boone County, IL with Belvidere containing 38 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Boone County, IL; homes for sale in those cities, have a range of median values from $295,000 in Garden Prairie to the lowest value of $85,656 in Belvidere.
    Sold Homes
    The median value for recently sold homes ranges from $416,326 in Capron to the lowest price of $49,941 in Capron. There are 5 cities within Boone County, IL. Belvidere has 235 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.31% of properties in Boone County, IL.

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      Guide for Boone County, IL

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.