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Friday, April 26, 2024

East Moline home prices fall in April 2017

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The median sale price of a home sold in April 2017 in East Moline fell by $36,318 while total sales decreased by 4%, according to BlockShopper.com.

In April 2017, there were 24 homes sold, with a median sale price of $65,682 - a 35.6% decrease over the $102,000 median sale price for the same period of the previous year. There were 25 homes sold in East Moline in April 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 3.9%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Coyne Center13-66.7%$177,485$112,50057.8%
Taylor Ridge12-50%$160,000$84,50089.3%
Port Byron4333.3%$103,833.34$320,000-67.6%
Hillsdale10-$71,000$0-
Milan201717.6%$66,465$55,00020.8%
East Moline2425-4%$65,682$102,000-35.6%
Hampton72250%$54,333.33$108,500-49.9%
Coal Valley35-40%$54,000$147,000-63.3%
Silvis188125%$52,500$81,250-35.4%
Cordova30-$50,000$0-
Moline795251.9%$49,000$82,250-40.4%

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