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Thursday, April 18, 2024

Hampton home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Hampton rose by $31,250 while total sales increased by 50%, according to BlockShopper.com.

In May 2017, there were three homes sold, with a median sale price of $192,500 - a 19.4% increase over the $161,250 median sale price for the same period of the previous year. There were two homes sold in Hampton in May 2016.

The median sales tax in Hampton for 2017 was $3,057. In 2016, the median sales tax was $3,091. This marks an decrease of 1.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Hampton 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%

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