$891 Closing Credit*
$75,000
1,569 SqFt
4 Beds
•1 Full Bath
Deb Haussmann, Listing Office: Keller Williams Greater Quad Cities / Midwest Partners
Is East Moline, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Moline has remained a Seller's Market.
Key Takeaway
East Moline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Moline, IL
How much do homes in East Moline, IL cost?
Median Sold Price
$146,350
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,100(+10.7%)
Key Takeaway
Homes in East Moline have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in East Moline was $146,350 in November 2024, up 10.7% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $55K | -19.1% |
| 2 Bedrooms | $87.5K | $127.2K | +45.4% |
| 3 Bedrooms | $146.7K | $155K | +5.6% |
| 4 Bedrooms | $199K | $199.9K | 0.5% |
| 5+ Bedrooms | $210.5K | $153.6K | -27.0% |
Summary: East Moline housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.1%, 2 bedroom homes increased by 45.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
| East Moline | $132.2K | $146.3K | +10.7% |
| Hampton Township | $145.8K | $141K | -3.3% |
| Silvis | $149.9K | $140K | -6.6% |
Housing Supply in East Moline, IL
How many homes are available in East Moline, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 89 | 80 | -10.1% |
Summary: The East Moline real estate market had 80 homes for sale in November 2024, a 10.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 28 | 19 | -32.1% |
| 3 Bedrooms | 37 | 38 | +2.7% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Moline housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 32.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Moline, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in East Moline in November 2024, down by 26.1% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for East Moline, IL
How long does it take to sell a home in East Moline, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 25 Days | -10.9% |
Summary: Homes in East Moline had an average of 25 days on market in Nov 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Moline are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in East Moline; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.