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Sunday, September 29, 2024

Coal Valley (Rock Island County) home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Coal Valley in Rock Island County rose by $3,500 while total sales increased by 50%, according to BlockShopper.com.

In June 2017, there were 12 homes sold, with a median sale price of $164,500 - a 2.2% increase over the $161,000 median sale price for the same period of the previous year. There were eight homes sold in Coal Valley in June 2016.

The median sales tax in Coal Valley for 2017 was $3,396. In 2016, the median sales tax was $3,436. 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 2.1%.

The following table compares Coal Valley 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%
* This story only considers sales data for the part of Coal Valley that is in Rock Island County.

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