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Thursday, April 25, 2024

Rock Island home prices fall in February 2020

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The median sale price of a home sold in February 2020 in Rock Island fell by $45,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In February 2020, there were eight homes sold, with a median sale price of $92,500 - a 33.1% decrease over the $138,250 median sale price for the same period of the previous year. There were 12 homes sold in Rock Island in February 2019.

The median sales tax in Rock Island for the most recent year with available data, 2018, was $2,203, approximately 2.4% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Taylor Ridge10-$210,000$0-
Rock Island812-33.3%$92,500$138,250-33.1%
Moline1113-15.4%$75,000$65,00015.4%
Hillsdale10-$73,000$0-
Milan20-$71,000$0-
East Moline47-42.9%$63,750$63,7500%
Silvis110%$28,000$123,000-77.2%
Andalusia00-$0$0-
Cordova00-$0$0-
Reynolds00-$0$0-
Illinois City00-$0$0-
Coyne Center00-$0$0-
Fruitland00-$0$0-
Carbon Cliff00-$0$0-
Rapids City00-$0$0-
Edgington00-$0$0-
Port Byron00-$0$0-
Coal Valley00-$0$0-
Hampton01-100%$0$410,000-100%

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