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Tuesday, October 7, 2025

Milan home prices fall in the fourth quarter of 2018

Re 9

The median sale price of a home sold in the fourth quarter of 2018 in Milan fell by $14,450 while total sales decreased by 82.1%, according to BlockShopper.com.

From October through December of 2018, there were five homes sold, with a median sale price of $99,000 - a 12.7% decrease over the $113,450 median sale price for the same period of the previous year. There were 28 homes sold in Milan in the fourth quarter of 2017.

The median sales tax in Milan for the most recent year with available data, 2017, was $2,468, approximately 2.5% of the median home sale price for the fourth quarter of 2018.

The following table compares Milan to other Rock Island County cities in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Taylor Ridge26-66.7%$220,000$112,50095.6%
Coal Valley318-83.3%$185,900$192,500-3.4%
Hampton59-44.4%$165,000$164,0000.6%
East Moline3590-61.1%$105,000$82,50027.3%
Moline43215-80%$104,900$87,00020.6%
Milan528-82.1%$99,000$113,450-12.7%
Rock Island24165-85.5%$92,000$85,0008.2%
Carbon Cliff16-83.3%$88,900$92,000-3.4%
Silvis631-80.6%$86,500$88,000-1.7%
Fruitland12-50%$83,000$91,849.50-9.6%
Reynolds24-50%$58,500$38,00053.9%
Coyne Center03-100%$0$63,000-100%
Hillsdale02-100%$0$39,047.50-100%
Rapids City03-100%$0$261,500-100%
Edgington00-$0$0-
Port Byron013-100%$0$190,000-100%
Andalusia07-100%$0$138,000-100%
Cordova02-100%$0$154,250-100%
Illinois City05-100%$0$40,000-100%

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