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Saturday, April 20, 2024

Rock Island home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Rock Island rose by $26,000 while total sales decreased by 50%, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $87,500 - a 42.3% increase over the $61,500 median sale price for the same period of the previous year. There were six homes sold in Rock Island in January 2019.

The median sales tax in Rock Island for the most recent year with available data, 2018, was $2,203, approximately 2.5% of the median home sale price for January 2020.

The following table compares Rock Island to other Rock Island County cities in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Milan31200%$162,500$23,000606.5%
Moline13862.5%$127,000$127,200-0.2%
Rock Island36-50%$87,500$61,50042.3%
East Moline7540%$70,000$55,00027.3%
Silvis31200%$57,000$22,000159.1%
Coal Valley110%$50,000$151,000-66.9%
Fruitland00-$0$0-
Carbon Cliff00-$0$0-
Hillsdale00-$0$0-
Rapids City02-100%$0$83,750-100%
Edgington00-$0$0-
Port Byron00-$0$0-
Hampton00-$0$0-
Taylor Ridge00-$0$0-
Andalusia00-$0$0-
Cordova00-$0$0-
Reynolds00-$0$0-
Illinois City00-$0$0-
Coyne Center00-$0$0-

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