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Saturday, November 23, 2024

Milan home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Milan rose by $67,800 while total sales decreased by 88.2%, according to BlockShopper.com.

In July 2018, there were two homes sold, with a median sale price of $196,700 - a 52.6% increase over the $128,900 median sale price for the same period of the previous year. There were 17 homes sold in Milan in July 2017.

The median sales tax in Milan for the most recent year with available data, 2017, was $2,468, approximately 1.3% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Port Byron15-80%$254,900$153,00066.6%
Milan217-88.2%$196,700$128,90052.6%
Taylor Ridge12-50%$193,000$216,000-10.6%
Coal Valley18-87.5%$150,000$195,900-23.4%
Silvis36-50%$128,000$104,50022.5%
Moline1578-80.8%$115,000$97,00018.6%
East Moline1822-18.2%$84,500$115,000-26.5%
Rock Island964-85.9%$78,000$82,500-5.5%
Carbon Cliff02-100%$0$81,750-100%
Hillsdale03-100%$0$132,500-100%
Rapids City00-$0$0-
Edgington00-$0$0-
Hampton05-100%$0$88,000-100%
Andalusia00-$0$0-
Cordova01-100%$0$233,000-100%
Reynolds00-$0$0-
Illinois City01-100%$0$340,000-100%
Coyne Center02-100%$0$114,500-100%
Fruitland01-100%$0$135,500-100%

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