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Sunday, November 24, 2024

Milan home prices fall in August 2019

Realestate2

The median sale price of a home sold in August 2019 in Milan fell by $21,750 while total sales increased by 25%, according to BlockShopper.com.

In August 2019, there were five homes sold, with a median sale price of $77,500 - a 21.9% decrease over the $99,250 median sale price for the same period of the previous year. There were four homes sold in Milan in August 2018.

The median sales tax in Milan for the most recent year with available data, 2018, was $2,648, approximately 3.4% of the median home sale price for August 2019.

The following table compares Milan to other Rock Island County cities in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Hampton13-66.7%$185,000$165,00012.1%
Illinois City10-$159,900$0-
Silvis25-60%$159,500$89,00079.2%
Port Byron21100%$145,000$240,000-39.6%
Moline1720-15%$133,000$117,50013.2%
Rock Island161323.1%$104,250$86,50020.5%
Fruitland110%$99,000$148,500-33.3%
East Moline14140%$84,500$130,000-35%
Milan5425%$77,500$99,250-21.9%
Edgington00-$0$0-
Coal Valley01-100%$0$175,000-100%
Taylor Ridge00-$0$0-
Andalusia00-$0$0-
Cordova00-$0$0-
Reynolds01-100%$0$65,000-100%
Coyne Center00-$0$0-
Carbon Cliff00-$0$0-
Hillsdale00-$0$0-
Rapids City01-100%$0$65,000-100%

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