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Friday, April 19, 2024

Coal Valley (Rock Island County) home prices fall in the second quarter of 2018

Realestate1

The median sale price of a home sold in the second quarter of 2018 in Coal Valley in Rock Island County fell by $13,550 while total sales decreased by 80%, according to BlockShopper.com.

From April through June of 2018, there were four homes sold, with a median sale price of $150,950 - a 8.2% decrease over the $164,500 median sale price for the same period of the previous year. There were 20 homes sold in Coal Valley in the second quarter of 2017.

The median sales tax in Coal Valley for the most recent year with available data, 2017, was $3,395.80, approximately 2.2% of the median home sale price for the second quarter of 2018.

The following table compares Coal Valley to other Rock Island County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Illinois City13-66.7%$300,000$40,000650%
Port Byron314-78.6%$185,000$119,333.3455%
Rapids City16-83.3%$162,500$86,75087.3%
Coal Valley420-80%$150,950$164,500-8.2%
Hampton413-69.2%$144,500$79,666.6781.4%
Cordova25-60%$111,700$66,666.6767.5%
Moline52281-81.5%$95,575$89,0007.4%
Rock Island34206-83.5%$93,700$73,25027.9%
East Moline31105-70.5%$92,500$90,0002.8%
Milan656-89.3%$92,000$87,7504.8%
Taylor Ridge14-75%$83,000$173,500-52.2%
* This story only considers sales data for the part of Coal Valley that is in Rock Island County.

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