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Hawkeye Reporter

Monday, November 25, 2024

The fourth quarter of 2020: Home prices in Eldridge increased

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The median sale price of a home sold in the fourth quarter of 2020 in Eldridge rose by $42,750 while total sales increased by 700%, according to BlockShopper.com.

From October through December of 2020, there were 16 homes sold, with a median sale price of $242,000 - a 21.5% increase over the $199,250 median sale price for the same period of the previous year. There were two homes sold in Eldridge in the fourth quarter 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 fourth quarter of 2020.

The following table compares Eldridge to other Scott County cities in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Park View72250%$345,000$120,021187.4%
Long Grove20-$312,500$0-
Le Claire7423600%$283,284$139,707.50102.8%
Eldridge162700%$242,000$199,25021.5%
Blue Grass110%$239,900$165,75044.7%
Bettendorf12916706.3%$225,000$235,750-4.6%
Princeton20-$224,450$0-
Riverdale30-$215,000$0-
Walcott41300%$206,500$120,19271.8%
Donahue20-$118,500$0-
Buffalo12-50%$48,000$91,000-47.3%
McCausland00-$0$0-

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