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Rock Island Today

Tuesday, December 24, 2024

Moline home prices fall in March 2017

Re 9

The median sale price of a home sold in March 2017 in Moline fell by $58,833 while total sales increased by 6.1%, according to BlockShopper.com.

In March 2017, there were 52 homes sold, with a median sale price of $31,167 - a 65.4% decrease over the $90,000 median sale price for the same period of the previous year. There were 49 homes sold in Moline in March 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 7.8%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Reynolds30-$45,000$0-
Carbon Cliff24-50%$42,000$46,500-9.7%
Milan11922.2%$40,333.33$99,000-59.3%
Silvis8714.3%$40,000$65,000-38.5%
Andalusia45-20%$37,083.33$110,000-66.3%
Moline52496.1%$31,166.67$90,000-65.4%
Coyne Center13-66.7%$28,333.33$74,375-61.9%
East Moline22214.8%$27,000$65,000-58.5%
Rock Island624151.2%$26,666.67$80,000-66.7%
Cordova13-66.7%$15,500$285,000-94.6%
Illinois City31200%$3,333.33$140,000-97.6%

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