Rock Island County in Illinois has an average housing median value of $129,200, which is significantly lower than the US median value of $338,100. The one year house appreciation rate in Rock Island County was 7.96%, slightly below the national rate of 8.27%. Despite this drop in appreciation, there is plenty of opportunity for growth as people look to relocate to the area and invest in real estate. Moreover, buyers can take advantage of great deals on homes as the prices remain relatively low compared to other parts of the country.
The median home cost in Rock Island County is $129,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Rock Island County is up 8.3%.
Average Age of Homes
- The median age of Rock Island County real estate is 57 years old
The Rental Market in Rock Island County
- Renters make up 27.6% of the Rock Island County population
- 2.0% of houses and apartments in Rock Island County, 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.