Is East Moline, 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, East Moline has remained a Seller's Market.
Housing Prices in East Moline, IL
How much do homes in East Moline, IL cost?
Median Sold Price
$137,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Moline was $137,000 in April 2024, up 14.2% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60.2K | $63.7K | +5.8% |
2 Bedrooms | $94.7K | $98.2K | +3.7% |
3 Bedrooms | $130K | $153.5K | +18.1% |
4 Bedrooms | $180.5K | $193.7K | +7.3% |
5+ Bedrooms | $415K | $209.2K | -49.6% |
Summary: East Moline housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 49.6%.
Median Sold Price Compared To Nearby Cities
Silvis | $129K | $165K | +27.9% |
Hampton Township | $127.9K | $155K | +21.2% |
East Moline | $120K | $137K | +14.2% |
Housing Supply in East Moline, IL
How many homes are available in East Moline, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 50 | -13.8% |
Summary: The East Moline real estate market had 50 homes for sale in April 2024, a 13.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 21 | 18 | -14.3% |
3 Bedrooms | 25 | 16 | -36.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Moline housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 36%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in East Moline in April 2024, down by 19.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.
Days on Market for East Moline, IL
How long does it take to sell a home in East Moline, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 27 Days | -12.9% |
Summary: Homes in East Moline had an average of 27 days on market in Apr 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in East Moline; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.