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Saturday, September 28, 2024

Rapids City home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Rapids City rose by $98,700 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From July through September of 2019, there were two homes sold, with a median sale price of $135,200 - a 270.4% increase over the $36,500 median sale price for the same period of the previous year. There were two homes sold in Rapids City in the third quarter of 2018, as well.

The median sales tax in Rapids City for the most recent year with available data, 2018, was $3,004, approximately 2.2% of the median home sale price for the third quarter of 2019.

The following table compares Rapids City 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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