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Sunday, September 29, 2024

Taylor Ridge home prices fall in June 2017

Realestate3

The median sale price of a home sold in June 2017 in Taylor Ridge fell by $60,500 while total sales increased by 50%, according to BlockShopper.com.

In June 2017, there were three homes sold, with a median sale price of $182,000 - a 24.9% decrease over the $242,500 median sale price for the same period of the previous year. There were two homes sold in Taylor Ridge in June 2016.

The median sales tax in Taylor Ridge for 2017 was $3,604. In 2016, the median sales tax was $3,648. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Taylor Ridge to other Rock Island County cities with similar median sales prices in June 2017:

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Rapids City30-$219,000$0-
Taylor Ridge3250%$182,000$242,500-24.9%
Hampton330%$165,000$158,0004.4%
Coal Valley12850%$164,500$161,0002.2%
Coyne Center61500%$159,500$142,00012.3%
Andalusia42100%$155,750$124,75024.8%
Silvis10825%$135,500$170,000-20.3%
East Moline442669.2%$104,965$109,000-3.7%
Carbon Cliff26-66.7%$101,000$89,50012.8%
Milan22214.8%$98,000$115,500-15.2%
Port Byron47-42.9%$96,000$112,000-14.3%

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