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Thursday, April 25, 2024

Coal Valley (Rock Island County) home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Coal Valley in Rock Island County fell by $9,900 while total sales decreased by 74.1%, according to BlockShopper.com.

From January through June of 2018, there were seven homes sold, with a median sale price of $113,000 - a 8.1% decrease over the $122,900 median sale price for the same period of the previous year. There were 27 homes sold in Coal Valley in the first half of 2017.

The median sales tax in Coal Valley for the most recent year with available data, 2017, was $3,396, approximately 3% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Illinois City18-87.5%$300,000$37,500700%
Port Byron623-73.9%$182,500$116,666.6756.4%
Hampton717-58.8%$151,000$79,666.6789.5%
Coal Valley727-74.1%$113,000$122,900-8.1%
Cordova26-66.7%$111,700$58,333.3491.5%
Milan985-89.4%$107,000$72,00048.6%
Rapids City26-66.7%$101,250$86,75016.7%
Moline102434-76.5%$99,500$70,50041.1%
East Moline47170-72.4%$86,000$62,166.6738.3%
Rock Island65366-82.2%$83,900$41,666.67101.4%
Taylor Ridge110-90%$83,000$110,000-24.5%
* This story only considers sales data for the part of Coal Valley that is in Rock Island County.

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