Is South Moline Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Moline Township has remained a Seller's Market.
Housing Prices in South Moline Township, IL
How much do homes in South Moline Township, IL cost?
Median Sold Price
$165,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Moline Township was $165,000 in April 2024, up 12.5% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $63K | $62.5K | -0.8% |
2 Bedrooms | $111.5K | $117.5K | +5.4% |
3 Bedrooms | $155K | $170.2K | +9.8% |
4 Bedrooms | $200K | $217.5K | +8.8% |
5+ Bedrooms | $324.7K | $325K | 0.1% |
Summary: South Moline Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
Coal Valley Township | $189.6K | $236K | +24.5% |
Moline Township | $129.9K | $150K | +15.5% |
South Moline Township | $146.6K | $165K | +12.5% |
Moline | $136.1K | $150K | +10.2% |
Housing Supply in South Moline Township, IL
How many homes are available in South Moline Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
97 | 88 | -9.3% |
Summary: The South Moline Township real estate market had 88 homes for sale in April 2024, a 9.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 27 | 26 | -3.7% |
3 Bedrooms | 44 | 36 | -18.2% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The South Moline Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 28 | -22.2% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in South Moline Township in April 2024, down by 22.2% month-over-month. Of the 28 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for South Moline Township, IL
How long does it take to sell a home in South Moline Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 28 Days | +109.3% |
Summary: Homes in South Moline Township had an average of 28 days on market in Apr 2024, up by 109.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in South Moline Township; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.