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Rock Island Today

Tuesday, November 26, 2024

Moline home prices fall in 2017

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The median sale price of a home sold in 2017 in Moline fell by $7,050 while total sales increased by 25.8%, according to BlockShopper.com.

From January through December of 2017, there were 912 homes sold, with a median sale price of $84,950 - a 7.7% decrease over the $92,000 median sale price for the previous year. There were 725 homes sold in Moline in 2016.

The median sales tax in Moline for 2017 was $2,431. In 2016, the median sales tax was $2,415. This marks an increase of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Moline 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)
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%
Moline91272525.8%$84,950$92,000-7.7%
East Moline35527330%$79,000$88,000-10.2%
Silvis1358853.4%$78,000$95,500-18.3%
Hillsdale911-18.2%$76,000$65,00016.9%
Rock Island74366112.4%$69,000$80,000-13.8%
Carbon Cliff2326-11.5%$65,000$75,000-13.3%

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