From January through June of 2018, there were two homes sold, with a median sale price of $101,250 - a 16.7% increase over the $86,750 median sale price for the same period of the previous year. There were six homes sold in Rapids City in the first half of 2017.
The median sales tax in Rapids City for the most recent year with available data, 2017, was $2,890, approximately 2.9% of the median home sale price for the first half of 2018.
The following table compares Rapids City to other Rock Island County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Port Byron | 6 | 23 | -73.9% | $182,500 | $116,666.67 | 56.4% |
Hampton | 7 | 17 | -58.8% | $151,000 | $79,666.67 | 89.5% |
Coal Valley | 7 | 27 | -74.1% | $113,000 | $122,900 | -8.1% |
Cordova | 2 | 6 | -66.7% | $111,700 | $58,333.34 | 91.5% |
Milan | 9 | 85 | -89.4% | $107,000 | $72,000 | 48.6% |
Rapids City | 2 | 6 | -66.7% | $101,250 | $86,750 | 16.7% |
Moline | 102 | 434 | -76.5% | $99,500 | $70,500 | 41.1% |
East Moline | 47 | 170 | -72.4% | $86,000 | $62,166.67 | 38.3% |
Rock Island | 65 | 366 | -82.2% | $83,900 | $41,666.67 | 101.4% |
Taylor Ridge | 1 | 10 | -90% | $83,000 | $110,000 | -24.5% |
Silvis | 16 | 74 | -78.4% | $75,750 | $65,666.67 | 15.4% |