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Sunday, November 24, 2024

Milan home prices fall in July 2019

Re 10

The median sale price of a home sold in July 2019 in Milan fell by $29,700 while total sales increased by 50%, according to BlockShopper.com.

In July 2019, there were three homes sold, with a median sale price of $167,000 - a 15.1% decrease over the $196,700 median sale price for the same period of the previous year. There were two homes sold in Milan in July 2018.

The median sales tax in Milan for the most recent year with available data, 2018, was $2,648, approximately 1.6% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Coal Valley110%$355,000$150,000136.7%
Port Byron110%$220,000$254,900-13.7%
Milan3250%$167,000$196,700-15.1%
Rapids City20-$135,200$0-
Moline1215-20%$134,000$115,00016.5%
Silvis4333.3%$127,200$128,000-0.6%
Rock Island12933.3%$121,250$78,00055.4%
East Moline1118-38.9%$114,000$84,50034.9%
Edgington00-$0$0-
Hampton00-$0$0-
Taylor Ridge01-100%$0$193,000-100%
Andalusia00-$0$0-
Cordova00-$0$0-
Reynolds00-$0$0-
Illinois City00-$0$0-
Coyne Center00-$0$0-
Fruitland00-$0$0-
Carbon Cliff00-$0$0-
Hillsdale00-$0$0-

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