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Rock Island Today

Tuesday, November 26, 2024

Milan home prices fall in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Milan fell by $9,480 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From January through June of 2019, there were nine homes sold, with a median sale price of $97,520 - a 8.9% decrease over the $107,000 median sale price for the same period of the previous year. There were nine homes sold in Milan in the first half of 2018, as well.

The median sales tax in Milan for the most recent year with available data, 2018, was $2,648, approximately 2.7% of the median home sale price for the first half of 2019.

The following table compares Milan to other Rock Island County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Taylor Ridge110%$174,900$83,000110.7%
Coal Valley37-57.1%$149,900$113,00032.7%
Hillsdale10-$147,000$0-
Carbon Cliff40-$139,000$0-
Moline88102-13.7%$109,000$99,5009.5%
Rock Island5765-12.3%$99,000$83,90018%
Milan990%$97,520$107,000-8.9%
Rapids City220%$83,750$101,250-17.3%
Silvis1116-31.3%$79,900$75,7505.5%
East Moline48472.1%$76,750$86,000-10.8%
Coyne Center10-$45,000$0-

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