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Rock Island Today

Tuesday, November 26, 2024

Reynolds home prices fall in 2017

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The median sale price of a home sold in 2017 in Reynolds fell by $20,000 while total sales increased by 18.2%, according to BlockShopper.com.

From January through December of 2017, there were 13 homes sold, with a median sale price of $45,000 - a 30.8% decrease over the $65,000 median sale price for the previous year. There were 11 homes sold in Reynolds in 2016.

The median sales tax in Reynolds for 2017 was $2,275. In 2016, the median sales tax was $2,292. This marks an decrease of 0.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.1%.

The following table compares Reynolds 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)
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%
Illinois City161233.3%$60,500$132,500-54.3%
Reynolds131118.2%$45,000$65,000-30.8%

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