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Saturday, November 23, 2024

Rock Island home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Rock Island fell by $4,500 while total sales decreased by 85.9%, according to BlockShopper.com.

In July 2018, there were nine homes sold, with a median sale price of $78,000 - a 5.5% decrease over the $82,500 median sale price for the same period of the previous year. There were 64 homes sold in Rock Island in July 2017.

The median sales tax in Rock Island for the most recent year with available data, 2017, was $2,131, approximately 2.7% of the median home sale price for July 2018.

The following table compares Rock Island 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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