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Saturday, September 28, 2024

Carbon Cliff home prices rise in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Carbon Cliff rose by $3,384.50 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2017, there were six homes sold, with a median sale price of $80,384.50 - a 4.4% increase over the $77,000 median sale price for the same period of the previous year. There were 12 homes sold in Carbon Cliff in the second quarter of 2016.

The median sales tax in Carbon Cliff for 2017 was $1,907.44. In 2016, the median sales tax was $1,974.50. This marks an decrease of 3.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Carbon Cliff to other Rock Island County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Edgington20-$92,450$0-
East Moline1057834.6%$90,000$106,250-15.3%
Moline28121729.5%$89,000$97,000-8.2%
Milan565012%$87,750$95,500-8.1%
Rapids City6450%$86,750$125,000-30.6%
Carbon Cliff612-50%$80,384.50$77,0004.4%
Hampton13785.7%$79,666.67$158,000-49.6%
Rock Island20618412%$73,250$78,500-6.7%
Hillsdale220%$67,000$212,000-68.4%
Cordova57-28.6%$66,666.67$126,000-47.1%
Illinois City3250%$40,000$82,000-51.2%

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