Is Moline Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Moline Township has remained a Seller's Market.
Key Takeaway
Moline Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moline Township, IL
How much do homes in Moline Township, IL cost?
Median Sold Price
$150,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Moline Township have sold for 20% more than they did a year ago.
Summary: The median home sold price in Moline Township was $150,000 in March 2024, up 20% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $64.9K | +11.9% |
| 2 Bedrooms | $110K | $119K | +8.2% |
| 3 Bedrooms | $127.5K | $164K | +28.6% |
| 4 Bedrooms | $174K | $195K | +12.1% |
| 5+ Bedrooms | $142.5K | $297.5K | +108.8% |
Summary: Moline Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 108.8%.
Median Sold Price Compared To Nearby Cities
| Rock Island Township | $88.3K | $130K | +47.2% |
| Moline Township | $125K | $150K | +20.0% |
| South Moline Township | $148K | $165K | +11.5% |
| Moline | $134.9K | $150K | +11.1% |
| South Rock Island Township | $130K | $143K | +10.0% |
Housing Supply in Moline Township, IL
How many homes are available in Moline Township, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 | 99 | -2.0% |
Summary: The Moline Township real estate market had 99 homes for sale in March 2024, a 2.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 33 | 31 | -6.1% |
| 3 Bedrooms | 45 | 44 | -2.2% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Moline Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moline Township, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 30 homes were sold or pending in Moline Township in March 2024, up by 3.4% month-over-month. Of the 30 sold homes, 30% were sold under asking, 23% were sold at asking, and 47% were sold over asking.
Days on Market for Moline Township, IL
How long does it take to sell a home in Moline Township, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 19 Days | -27.7% |
Summary: Homes in Moline Township had an average of 19 days on market in Mar 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moline Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 30 homes were sold in Moline Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.