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Rock Island Today

Monday, November 25, 2024

Rock Island home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Rock Island rose by $18,000 while total sales increased by 17%, according to BlockShopper.com.

In November 2017, there were 55 homes sold, with a median sale price of $87,000 - a 26.1% increase over the $69,000 median sale price for the same period of the previous year. There were 47 homes sold in Rock Island in November 2016.

The median sales tax in Rock Island for 2017 was $2,131. In 2016, the median sales tax was $2,136. This marks an decrease of 0.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Coal Valley59-44.4%$142,500$157,000-9.2%
Andalusia3250%$138,000$338,500-59.2%
Hampton440%$113,700$204,500-44.4%
Taylor Ridge550%$105,000$135,000-22.2%
Moline685133.3%$97,750$80,00022.2%
Milan770%$95,000$45,000111.1%
East Moline351984.2%$88,000$75,00017.3%
Rock Island554717%$87,000$69,00026.1%
Silvis115120%$80,000$84,500-5.3%
Carbon Cliff110%$55,000$67,000-17.9%
Reynolds110%$33,000$60,000-45%

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