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Rent To Own 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 $149,276.
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 $21,707,946.
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, Illinois, is a picturesque city located on the banks of the Mississippi River, known for its family-friendly atmosphere, rich history, and active lifestyle. Boasting a variety of outdoor activities and community amenities, Rock Island offers something for everyone. It's a great place to explore local art, culture, and dining as well as enjoy the natural beauty of the surrounding landscapes.

Current Market Conditions in Rock Island, IL

The real estate market in Rock Island is experiencing a gradual increase in home values, with a steady demand for both single-family homes and multi-family units. This trend reflects the city's appeal to new residents and investors looking for properties.

Over the past few months, the number of homes sold has increased, showing that buyers are taking advantage of the historically low mortgage rates. This has led to more competition among buyers, especially for well-maintained homes in desirable neighborhoods.

Home Value Estimator For Rock Island, IL

There are currently 15,264 real estate properties in Rock Island, IL, with a median automated valuation model (AVM) price of $122,018.00. 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 $149,276.00, with the most expensive house in Rock Island, IL, topping out at $21,707,946.00 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 Rent To Own Homes

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