Foreclosure Homes in Rock Island, IL 61201

Current Market Conditions in Rock Island, IL

The Rock Island real estate market is currently experiencing moderate growth with an increase in both sales volume and home prices over the past year. Properties tend to sell quickly, reflecting a competitive market driven by affordable prices relative to nearby urban centers. Buyers are particularly drawn to the area for its appealing blend of affordability and quality of life.

Recent trends show an uptick in interest among first-time homebuyers and families seeking larger spaces. Demand for homes has remained steady, with certain neighborhoods witnessing a surge in property values, particularly those close to the riverfront and community parks.

Rent Prices In Rock Island, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rock Island, IL, is on a rollercoaster ride. The average rent price in Rock Island, IL, is $1,012.00. Indeed, when looking to rent in Rock Island, IL, you can expect to pay as little as $470.00 or as much as $2,200.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Rock Island, 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.