In October 2017, there were four homes sold, with a median sale price of $263,500 - a 10.5% increase over the $238,507 median sale price for the same period of the previous year. There were two homes sold in Long Grove in October 2016.
The median sales tax in Long Grove for 2017 was $3,700. In 2016, the median sales tax was $3,363. This marks an increase of 10%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Long Grove to other Scott County cities in October 2017:
City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Long Grove | 4 | 2 | 100% | $263,500 | $238,506.50 | 10.5% |
Eldridge | 14 | 17 | -17.6% | $247,250 | $238,000 | 3.9% |
Park View | 5 | 1 | 400% | $195,000 | $185,000 | 5.4% |
Bettendorf | 106 | 58 | 82.8% | $186,000 | $223,950 | -16.9% |
Walcott | 2 | 2 | 0% | $185,225 | $155,000 | 19.5% |
Le Claire | 16 | 7 | 128.6% | $182,450 | $164,900 | 10.6% |
Princeton | 4 | 3 | 33.3% | $160,000 | $116,000 | 37.9% |
Donahue | 1 | 0 | - | $148,000 | $0 | - |
Blue Grass | 3 | 3 | 0% | $145,000 | $208,000 | -30.3% |
McCausland | 4 | 1 | 300% | $73,500 | $169,000 | -56.5% |
Buffalo | 0 | 4 | -100% | $0 | $108,500 | -100% |
Riverdale | 0 | 1 | -100% | $0 | $182,500 | -100% |