The housing market in Moline, IL is significantly less expensive than the national median value. The median home value in Moline is $128,700, compared to the US median of $338,100. Despite this disparity in cost, the appreciation rate for homes in Moline still remains close to that of the national average. Over one year, homes in Moline have appreciated by 6.98%, just slightly lower than the 8.27% appreciation rate nationally. This indicates that there is potential for further growth in property values in Moline despite its current affordability.
The median home cost in Moline is $128,700. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Moline is up 8.3%.
Average Age of Homes
- The median age of Moline real estate is 62 years old
The Rental Market in Moline
- Renters make up 30.5% of the Moline population
- 2.1% of houses and apartments in Moline, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.