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Saturday, September 28, 2024

Coyne Center home prices rise in the first half of 2017

Realestate3

The median sale price of a home sold in the first half of 2017 in Coyne Center rose by $39,250 while total sales decreased by 20%, according to BlockShopper.com.

From January through June of 2017, there were eight homes sold, with a median sale price of $159,500 - a 32.6% increase over the $120,250 median sale price for the same period of the previous year. There were 10 homes sold in Coyne Center in the first half of 2016.

The median sales tax in Coyne Center for 2017 was $2,270. In 2016, the median sales tax was $2,217. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Coyne Center to other Rock Island County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Coyne Center810-20%$159,500$120,25032.6%
Coal Valley2736-25%$122,900$154,000-20.2%
Port Byron23230%$116,666.67$165,000-29.3%
Taylor Ridge1013-23.1%$110,000$175,000-37.1%
Andalusia131118.2%$100,000$124,500-19.7%
Edgington220%$92,450$116,000-20.3%
Rapids City660%$86,750$125,000-30.6%
Hampton171330.8%$79,666.67$158,000-49.6%
Milan857119.7%$72,000$99,000-27.3%
Hillsdale35-40%$71,000$65,0009.2%
Moline43434725.1%$70,500$91,000-22.5%

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