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Saturday, April 27, 2024

Q2 real estate sales report: Rock Island

Realestate3

Median prices rose in Rock Island over last year, and are down 2.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 34 homes sold in Rock Island for a median price of $93,700. That's 25.4 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Rock Island.

Median property tax for homeowners in Rock Island was $2,486.19 in 2017 according to tax data from that year. That means homeowners pay 3.3 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Rock Island real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
144
$96,525
-
2010
163
$92,340
-4.3%
2011
116
$84,185
-8.8%
2012
148
$81,205
-3.5%
2013
147
$86,400
6.4%
2014
150
$79,500
-8%
2015
172
$89,835
13%
2016
184
$82,425
-8.2%
2017
206
$74,715
-9.4%
2018
34
$93,700
25.4%

Median property tax
Median sale price
Effective property tax rate
2014
$2,061.04
$79,500
2.6%
2015
$2,562.44
$89,835
2.9%
2016
$2,462.46
$82,425
3%
2017
$2,486.18
$74,715
3.3%

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