From January through December of 2017, there were eight homes sold, with a median sale price of $39,750 - a 16.9% increase over the $34,000 median sale price for the previous year. There were seven homes sold in Grimes Addition in 2016.
The median sales tax in Grimes Addition for 2017 was $1,328. In 2016, the median sales tax was $1,437. This marks an decrease of 7.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.
The following table compares Grimes Addition to other Whiteside County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Erie | 31 | 26 | 19.2% | $100,000 | $79,500 | 25.8% |
| Sterling | 316 | 274 | 15.3% | $81,750 | $73,750 | 10.8% |
| Lyndon | 12 | 8 | 50% | $74,303.65 | $86,250 | -13.9% |
| Como | 9 | 8 | 12.5% | $65,000 | $76,000 | -14.5% |
| Rock Falls | 189 | 185 | 2.2% | $63,000 | $61,900 | 1.8% |
| Prophetstown | 42 | 32 | 31.3% | $57,825 | $65,500 | -11.7% |
| Little Oklahoma | 5 | 4 | 25% | $54,000 | $56,500 | -4.4% |
| Grimes Addition | 8 | 7 | 14.3% | $39,750 | $34,000 | 16.9% |
| Tampico | 16 | 14 | 14.3% | $37,912 | $60,900 | -37.7% |
| Douglas Park | 2 | 2 | 0% | $36,700 | $45,500 | -19.3% |
| Yeoward Addition | 8 | 4 | 100% | $32,500 | $11,585.50 | 180.5% |
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