Single-family Foreclosures in Rock Island, IL

Current Market Conditions in Rock Island, IL

The current real estate market in Rock Island, IL has shown signs of stability and modest growth. The average home prices have risen slightly over recent months, indicating a healthy demand for housing as buyers seek affordable options in a city that offers a quality lifestyle. Homes are selling at competitive prices, contributing to a balanced market for both buyers and sellers.

There is a noticeable trend toward new construction and renovations in Rock Island, which indicates confidence in the area’s growth. The demand for homes within proximity to schools, amenities, and parks is driving this trend, making it a sellers’ market in certain neighborhoods.

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.