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Rock Island Today

Friday, April 26, 2024

Q4 real estate sales report: Rock Island

Realestate3

Median prices rose in Rock Island over last year, and are down 4.1 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 24 homes sold in Rock Island for a median price of $92,000. That's 6.1 percent higher than median home sale prices for the fourth quarter of 2017.

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

Median property tax for homeowners in Rock Island was $2,428.17 in 2017 according to tax data from that year. That means homeowners pay 2.8 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
181
$95,940
-
2010
118
$83,220
-13.3%
2011
117
$81,360
-2.2%
2012
161
$78,480
-3.5%
2013
160
$76,140
-3%
2014
146
$78,440
3%
2015
152
$82,945
5.7%
2016
146
$81,638
-1.6%
2017
165
$86,700
6.2%
2018
24
$92,000
6.1%

Median property tax
Median sale price
Effective property tax rate
2014
$2,214.87
$78,440
2.8%
2015
$2,520.57
$82,945
3%
2016
$2,437.80
$81,638
3%
2017
$2,428.17
$86,700
2.8%

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