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Rock Island Today

Thursday, April 2, 2020

Rock Island home prices fall in February 2020

Real Estate

By Rock Island Today Reports | Mar 7, 2020

Re 14

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:

City
Feb. 2020 Home Sales
Feb. 2019 Home Sales
% change (Total Home Sales)
Feb. 2020 Median Sales Price
Feb. 2019 Median Sales Price
% change (Median Sales Price)
Taylor Ridge
1
0
-
$210,000
$0
-
Rock Island
8
12
-33.3%
$92,500
$138,250
-33.1%
Moline
11
13
-15.4%
$75,000
$65,000
15.4%
Hillsdale
1
0
-
$73,000
$0
-
Milan
2
0
-
$71,000
$0
-
East Moline
4
7
-42.9%
$63,750
$63,750
0%
Silvis
1
1
0%
$28,000
$123,000
-77.2%
Andalusia
0
0
-
$0
$0
-
Cordova
0
0
-
$0
$0
-
Reynolds
0
0
-
$0
$0
-
Illinois City
0
0
-
$0
$0
-
Coyne Center
0
0
-
$0
$0
-
Fruitland
0
0
-
$0
$0
-
Carbon Cliff
0
0
-
$0
$0
-
Rapids City
0
0
-
$0
$0
-
Edgington
0
0
-
$0
$0
-
Port Byron
0
0
-
$0
$0
-
Coal Valley
0
0
-
$0
$0
-
Hampton
0
1
-100%
$0
$410,000
-100%

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