Foreclosure Homes in Moline, IL 61265

Current Market Conditions in Moline, IL

Moline's real estate market has been experiencing steady growth over the past year, with an increase in home values and demand driven by a combination of factors such as low interest rates and a growing population. The city continues to benefit from its strategic location within the Quad Cities, making it a desirable place for both first-time homebuyers and investors looking for opportunities.

Currently, the average home price in Moline has increased by approximately 8% since last year, reflecting strong buyer interest and limited inventory in certain price ranges. There are also emerging trends in housing development, with new constructions and renovated homes appealing to modern buyers.

Rent Prices In Moline, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Moline, IL, is on a rollercoaster ride. The average rent price in Moline, IL, is $1,147.00. Indeed, when looking to rent in Moline, IL, you can expect to pay as little as $520.00 or as much as $2,420.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Moline, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.