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Rock Island Today

Tuesday, April 23, 2024

Q4 real estate sales report: Reynolds

Re 4

Median prices rose in Reynolds over last year, and are down 35.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 2 homes sold in Reynolds for a median price of $58,500. That's 50.9 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Reynolds.

Median property tax for homeowners in Reynolds was $1,952.81 in 2017 according to tax data from that year. That means homeowners pay 5 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.

Reynolds real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
5
$91,260
-
2010
4
$86,070
-5.7%
2011
1
$42,940
-50.1%
2012
7
$92,650
115.8%
2013
4
$76,680
-17.2%
2014
3
$98,580
28.6%
2015
3
$56,180
-43%
2016
4
$65,625
16.8%
2017
4
$38,760
-40.9%
2018
2
$58,500
50.9%

Median property tax
Median sale price
Effective property tax rate
2014
$3,418.83
$98,580
3.5%
2015
$2,256.52
$56,180
4%
2016
$1,969.04
$65,625
3%
2017
$1,952.81
$38,760
5%

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