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Preforeclosure Homes in Rock Island, IL

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Rock Island, IL Foreclosures

How much do homes sell for in Rock Island, IL?
The average home price is currently $148,830.
In Rock Island, IL, how many homes are available?
There are currently 47 active home listings available in Rock Island.
What’s the average rental cost in Rock Island, IL?
The average rental price in Rock Island is $1,012.
What is the most expensive home in Rock Island?
The most expensive home sold in Rock Island had a price of $21,957,474.
What is currently the cheapest priced home in Rock Island, IL?
The cheapest home for sale in Rock Island is priced at $10,039.

Living in Rock Island, IL

Rock Island, IL, is a charming city in the Quad Cities metro area, offering a unique mix of urban convenience and natural beauty. Residents enjoy diverse recreational activities along the Mississippi River, a variety of community events, and a thriving local economy. With a robust educational system and rich cultural history, Rock Island is an excellent place to live and invest.

Current Market Conditions in Rock Island, IL

The real estate market in Rock Island is currently experiencing a steady demand, with a mixture of traditional home buyers and investors looking for opportunities. The market remains competitive with property values gradually increasing due to an influx of families and young professionals attracted to the area's amenities and quality of life.

New developments and renovations in key neighborhoods are adding to the appeal of Rock Island, making it a lively place for potential residents. With the ongoing urban revitalization, more people are looking to buy homes in this historic city, leading to a positive market outlook.

Home Value Estimator For Rock Island, IL

There are currently 15,272 real estate properties in Rock Island, IL, with a median automated valuation model (AVM) price of $121,168.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rock Island, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rock Island, IL, is $148,830.00, with the most expensive house in Rock Island, IL, topping out at $21,957,474.00 and the cheapest home in Rock Island, IL, clocking in at $10,039.00. In other words, there’s something for every potential homebuyer or savvy investor in Rock Island, IL!

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.

Rock Island, IL Preforeclosure Homes


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