Is 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, Moline has remained a Seller's Market.
Housing Prices in Moline, IL
How much do homes in Moline, IL cost?
Median Sold Price
$150,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Moline was $150,000 in April 2024, up 10.2% 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 | $58K | $63.2K | +9.0% |
2 Bedrooms | $115K | $120K | +4.3% |
3 Bedrooms | $144.9K | $161K | +11.1% |
4 Bedrooms | $187K | $198K | +5.9% |
5+ Bedrooms | $197.2K | $295K | +49.6% |
Summary: Moline housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 49.6%.
Median Sold Price Compared To Nearby Cities
Coal Valley Township | $189.6K | $236K | +24.5% |
Coal Valley | $194.5K | $238K | +22.4% |
Moline Township | $129.9K | $150K | +15.5% |
South Moline Township | $146.6K | $165K | +12.5% |
Moline | $136.1K | $150K | +10.2% |
Housing Supply in Moline, IL
How many homes are available in Moline, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 117 | +18.2% |
Summary: The Moline real estate market had 117 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 29 | 31 | +6.9% |
3 Bedrooms | 43 | 54 | +25.6% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Moline housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 24 | -22.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Moline in April 2024, down by 22.6% month-over-month. Of the 24 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Moline, IL
How long does it take to sell a home in Moline, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 28 Days | +66.8% |
Summary: Homes in Moline had an average of 28 days on market in Apr 2024, up by 66.8% compared to last year.
Breakdown of Home Sale Times
19 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, 24 homes were sold in Moline; 79% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.