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River Bend Times

Saturday, December 28, 2024

Eldridge home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Eldridge fell by $76,500 while total sales increased by 21.7%, according to BlockShopper.com.

From July through September of 2018, there were 28 homes sold, with a median sale price of $178,500 - a 30% decrease over the $255,000 median sale price for the same period of the previous year. There were 23 homes sold in Eldridge in the third quarter of 2017.

The median sales tax in Eldridge for the most recent year with available data, 2017, was $3,404, approximately 1.9% of the median home sale price for the third quarter of 2018.

The following table compares Eldridge to other Scott County cities in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Long Grove69-33.3%$252,500$218,00015.8%
Bettendorf226228-0.9%$231,000$218,5005.7%
Princeton46-33.3%$229,900$152,99050.3%
Park View1213-7.7%$227,450$198,50014.6%
Walcott411-63.6%$213,000$198,0007.6%
Le Claire38358.6%$212,500$269,000-21%
Eldridge282321.7%$178,500$255,000-30%
Blue Grass7616.7%$173,500$222,450-22%
Donahue3250%$165,000$70,000135.7%
Riverdale12-50%$113,500$244,500-53.6%
Buffalo7616.7%$55,000$72,150.50-23.8%
McCausland02-100%$0$187,950-100%

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