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Saturday, September 28, 2024

Milan home prices rise in January 2018

Re 11

The median sale price of a home sold in January 2018 in Milan rose by $38,833 while total sales decreased by 77.8%, according to BlockShopper.com.

In January 2018, there were two homes sold, with a median sale price of $115,500 - a 50.7% increase over the $76,667 median sale price for the same period of the previous year. There were nine homes sold in Milan in January 2017.

The median sales tax in Milan for the most recent year with available data, 2017, was $2,468, approximately 2.1% of the median home sale price for January 2018.

The following table compares Milan to other Rock Island County cities in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Port Byron23-33.3%$266,000$130,000104.6%
Hampton23-33.3%$210,000$76,666.67173.9%
Moline2251-56.9%$117,000$36,500220.5%
Milan29-77.8%$115,500$76,666.6750.7%
Silvis312-75%$85,000$54,666.6755.5%
Coal Valley23-33.3%$77,500$36,666.67111.4%
East Moline812-33.3%$72,531$35,000107.2%
Rock Island1547-68.1%$66,500$33,333.3399.5%
Andalusia110%$13,500$162,000-91.7%
Taylor Ridge03-100%$0$45,500-100%
Cordova00-$0$0-
Reynolds00-$0$0-
Illinois City00-$0$0-
Coyne Center00-$0$0-
Fruitland00-$0$0-
Carbon Cliff01-100%$0$50,666.67-100%
Hillsdale00-$0$0-
Rapids City00-$0$0-
Edgington00-$0$0-

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