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Thursday, April 25, 2024

East Moline home prices rise 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 East Moline rose by $23,833 while total sales decreased by 72.4%, according to BlockShopper.com.

From January through June of 2018, there were 47 homes sold, with a median sale price of $86,000 - a 38.3% increase over the $62,167 median sale price for the same period of the previous year. There were 170 homes sold in East Moline in the first half of 2017.

The median sales tax in East Moline for the most recent year with available data, 2017, was $2,563, approximately 3% of the median home sale price for the first half of 2018.

The following table compares East Moline 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)
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%
Silvis1674-78.4%$75,750$65,666.6715.4%
Andalusia113-92.3%$13,500$100,000-86.5%

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