Quantcast

Rock Island Today

Tuesday, April 23, 2024

Cordova home prices rise in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Cordova rose by $278,500 while total sales decreased by 60%, according to BlockShopper.com.

In May 2017, there were two homes sold, with a median sale price of $368,500 - a 309.4% increase over the $90,000 median sale price for the same period of the previous year. There were five homes sold in Cordova in May 2016.

The median sales tax in Cordova for 2017 was $2,474. In 2016, the median sales tax was $2,569. This marks an decrease of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Andalusia12-50%$372,869.45$154,000142.1%
Cordova25-60%$368,500$90,000309.4%
Hampton3250%$192,500$161,25019.4%
Coal Valley515-66.7%$189,000$150,00026%
Port Byron6450%$166,500$174,000-4.3%
Carbon Cliff24-50%$139,634.50$65,750112.4%
Reynolds110%$103,750$135,000-23.1%
Moline86860%$99,500$102,500-2.9%
Silvis178112.5%$96,000$123,000-22%
Milan141216.7%$93,625$118,250-20.8%
Fruitland110%$91,500$91,0000.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS