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:
City | Oct. - Dec. 2018 Home Sales | Oct. - Dec. 2017 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2018 Median Sales Price | Oct. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Taylor Ridge | 2 | 6 | -66.7% | $220,000 | $112,500 | 95.6% |
Coal Valley | 3 | 18 | -83.3% | $185,900 | $192,500 | -3.4% |
Hampton | 5 | 9 | -44.4% | $165,000 | $164,000 | 0.6% |
East Moline | 35 | 90 | -61.1% | $105,000 | $82,500 | 27.3% |
Moline | 43 | 215 | -80% | $104,900 | $87,000 | 20.6% |
Milan | 5 | 28 | -82.1% | $99,000 | $113,450 | -12.7% |
Rock Island | 24 | 165 | -85.5% | $92,000 | $85,000 | 8.2% |
Carbon Cliff | 1 | 6 | -83.3% | $88,900 | $92,000 | -3.4% |
Silvis | 6 | 31 | -80.6% | $86,500 | $88,000 | -1.7% |
Fruitland | 1 | 2 | -50% | $83,000 | $91,849.50 | -9.6% |
Reynolds | 2 | 4 | -50% | $58,500 | $38,000 | 53.9% |
Coyne Center | 0 | 3 | -100% | $0 | $63,000 | -100% |
Hillsdale | 0 | 2 | -100% | $0 | $39,047.50 | -100% |
Rapids City | 0 | 3 | -100% | $0 | $261,500 | -100% |
Edgington | 0 | 0 | - | $0 | $0 | - |
Port Byron | 0 | 13 | -100% | $0 | $190,000 | -100% |
Andalusia | 0 | 7 | -100% | $0 | $138,000 | -100% |
Cordova | 0 | 2 | -100% | $0 | $154,250 | -100% |
Illinois City | 0 | 5 | -100% | $0 | $40,000 | -100% |