The housing market in Davenport-Moline-Rock Island, IA Metro Area is thriving. The median value for homes in this area is $162,700, which is significantly lower than the US median of $338,100. In the past year, home values have appreciated 8.93%, outpacing the US average of 8.27%. This means that homeowners are seeing their investments increase at a higher rate than many other parts of the country. Furthermore, with lower prices and good appreciation rates, it's an attractive option for potential buyers looking to purchase a home in a growing area.
The median home cost in Davenport-Moline-Rock Island Metro Area is $162,700. Home appreciation the last 10 years has been 40.6%. Home Appreciation in Davenport-Moline-Rock Island Metro Area is up 8.7%.
Average Age of Homes
- The median age of Davenport-Moline-Rock Island Metro Area real estate is 53 years old
The Rental Market in Davenport-Moline-Rock Island Metro Area
- Renters make up 27.0% of the Davenport-Moline-Rock Island Metro Area population
- 2.1% of houses and apartments in Davenport-Moline-Rock Island Metro Area, 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.