Q1 real estate sales report: Rock Island
Median prices rose in Rock Island over last year, and are down 18.6 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.
From January to March, 10 homes sold in Rock Island for a median price of $74,250. That's 155.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Rock Island.
Median property tax for homeowners in Rock Island was $2,548.10 in 2017 according to tax data from that year. That means homeowners pay 8.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.