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Rock Island Today

Tuesday, November 26, 2024

Taylor Ridge home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Taylor Ridge fell by $39,500 while total sales decreased by 53.8%, according to BlockShopper.com.

From October through December of 2017, there were six homes sold, with a median sale price of $112,500 - a 26% decrease over the $152,000 median sale price for the same period of the previous year. There were 13 homes sold in Taylor Ridge in the fourth quarter of 2016.

The median sales tax in Taylor Ridge for 2017 was $3,603.68. In 2016, the median sales tax was $3,647.60. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.2%.

The following table compares Taylor Ridge to other Rock Island County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Port Byron131030%$190,000$256,500-25.9%
Hampton9812.5%$164,000$159,0003.1%
Cordova21100%$154,250$86,50078.3%
Andalusia712-41.7%$138,000$132,5004.2%
Milan28267.7%$113,450$101,00012.3%
Taylor Ridge613-53.8%$112,500$152,000-26%
Carbon Cliff61500%$92,000$67,00037.3%
Fruitland21100%$91,849.50$67,15036.8%
Silvis311872.2%$88,000$86,0002.3%
Moline21516431.1%$87,000$92,500-5.9%
Rock Island16514613%$85,000$77,7509.3%

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