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Hawkeye Reporter

Tuesday, November 26, 2024

Home prices increased in Eldridge during the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Eldridge rose by $64,452 while total sales increased by 425%, according to BlockShopper.com.

From July through December of 2020, there were 42 homes sold, with a median sale price of $244,450 - a 35.8% increase over the $179,998 median sale price for the same period of the previous year. There were eight homes sold in Eldridge in the second half of 2019.

The median sales tax in Eldridge for the most recent year with available data, 2017, was $3,404, approximately 1.4% of the median home sale price for the second half of 2020.

The following table compares Eldridge to other Scott County cities in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Long Grove50-$292,500$0-
Park View147100%$290,000$220,00031.8%
Le Claire10071328.6%$283,284$169,41567.2%
Bettendorf33858482.8%$276,750$289,250-4.3%
Eldridge428425%$244,450$179,99835.8%
Blue Grass92350%$220,000$235,375-6.5%
Princeton30-$205,000$0-
Riverdale40-$192,500$0-
Walcott91800%$180,000$120,19249.8%
Donahue40-$138,000$0-
Buffalo73133.3%$126,000$89,00041.6%
McCausland01-100%$0$115,000-100%

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