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Saturday, September 28, 2024

Rock Island home prices rise in the third quarter of 2019

Realestate4

The median sale price of a home sold in the third quarter of 2019 in Rock Island rose by $11,000 while total sales increased by 40.7%, according to BlockShopper.com.

From July through September of 2019, there were 38 homes sold, with a median sale price of $97,500 - a 12.7% increase over the $86,500 median sale price for the same period of the previous year. There were 27 homes sold in Rock Island in the third quarter of 2018.

The median sales tax in Rock Island for the most recent year with available data, 2018, was $2,203, approximately 2.3% of the median home sale price for the third quarter of 2019.

The following table compares Rock Island to other Rock Island County cities in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Coal Valley3250%$225,000$162,50038.5%
Port Byron42100%$191,500$247,450-22.6%
Hampton14-75%$185,000$174,0006.3%
Illinois City10-$159,900$0-
Rapids City220%$135,200$36,500270.4%
Silvis910-10%$130,800$113,00015.8%
Moline47454.4%$117,000$112,5004%
Milan141040%$108,475$133,450-18.7%
East Moline4041-2.4%$99,750$115,000-13.3%
Fruitland110%$99,000$148,500-33.3%
Rock Island382740.7%$97,500$86,50012.7%
Hillsdale00-$0$0-
Edgington00-$0$0-
Taylor Ridge02-100%$0$227,500-100%
Andalusia00-$0$0-
Cordova01-100%$0$128,000-100%
Reynolds01-100%$0$65,000-100%
Coyne Center00-$0$0-
Carbon Cliff00-$0$0-

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