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Rock Island Today

Tuesday, November 26, 2024

Cordova home prices rise in 2017

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The median sale price of a home sold in 2017 in Cordova rose by $18,250 while total sales decreased by 17.6%, according to BlockShopper.com.

From January through December of 2017, there were 14 homes sold, with a median sale price of $154,250 - a 13.4% increase over the $136,000 median sale price for the previous year. There were 17 homes sold in Cordova in 2016.

The median sales tax in Cordova for 2017 was $2,474. In 2016, the median sales tax was $2,569. This marks an decrease of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Cordova to other Rock Island County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Rapids City1219-36.8%$167,500$127,00031.9%
Taylor Ridge2537-32.4%$160,000$160,0000%
Coal Valley7185-16.5%$155,000$151,5002.3%
Cordova1417-17.6%$154,250$136,00013.4%
Port Byron514513.3%$130,000$194,000-33%
Andalusia2432-25%$127,000$130,000-2.3%
Coyne Center1922-13.6%$125,000$90,50038.1%
Hampton423135.5%$118,700$145,000-18.1%
Edgington24-50%$92,450$79,00017%
Milan1471349.7%$90,500$99,000-8.6%
Fruitland710-30%$90,000$53,57568%

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