In Rock Island, IL (zip code 61201), the median housing value is $112,200, which is significantly lower than the US House Median Value of $338,100. Despite this difference, Rock Island's 1 year house appreciation rate is still relatively high at 6.99%, though slightly lower than the national average of 8.27%. All in all, this metric suggests that Rock Island provides an affordable option for those seeking a home and that real estate in the area has seen steady growth over the past year.
The median home cost in Rock Island (zip 61201) is $112,200. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Rock Island (zip 61201) is up 8.3%.
Average Age of Homes
- The median age of Rock Island (zip 61201) real estate is 67 years old
The Rental Market in Rock Island (zip 61201)
- Renters make up 29.5% of the Rock Island (zip 61201) population
- 2.6% of houses and apartments in Rock Island (zip 61201), 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.