Illinois City home prices fall in the first quarter of 2017
From January through March of 2017, there were five homes sold, with a median sale price of $14,000 - a 89.4% decrease over the $132,500 median sale price for the same period of the previous year. There were two homes sold in Illinois City in the first quarter of 2016.
The median sales tax in Illinois City for 2017 was $3,004.34. In 2016, the median sales tax was $3,091.50. This marks an decrease of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 21.5%.
The following table compares Illinois City to other Rock Island County cities with similar median sales prices in the first quarter of 2017: