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Monday, November 25, 2024

East Moline home prices fall in January 2017

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The median sale price of a home sold in January 2017 in East Moline fell by $86,750 while total sales decreased by 40%, according to BlockShopper.com.

In January 2017, there were 12 homes sold, with a median sale price of $35,000 - a 71.3% decrease over the $121,750 median sale price for the same period of the previous year. There were 20 homes sold in East Moline in January 2016.

The median sales tax in East Moline for 2017 was $2,563. In 2016, the median sales tax was $2,522. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 7.3%.

The following table compares East Moline to other Rock Island County cities in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Andalusia10-$162,000$0-
Port Byron31200%$130,000$375,000-65.3%
Hampton3250%$76,666.67$225,000-65.9%
Milan990%$76,666.67$112,000-31.5%
Silvis126100%$54,666.67$107,750-49.3%
Carbon Cliff12-50%$50,666.67$122,500-58.6%
Taylor Ridge30-$45,500$0-
Coal Valley34-25%$36,666.67$190,500-80.8%
Moline513737.8%$36,500$77,500-52.9%
East Moline1220-40%$35,000$121,750-71.3%
Rock Island47454.4%$33,333.33$65,000-48.7%
Cordova01-100%$0$136,000-100%
Reynolds00-$0$0-
Illinois City01-100%$0$125,000-100%
Coyne Center01-100%$0$128,000-100%
Fruitland01-100%$0$75,000-100%
Hillsdale00-$0$0-
Rapids City01-100%$0$35,000-100%
Edgington01-100%$0$70,000-100%

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