Is Moline, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moline is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Moline has remained a Seller's Market.

Key Takeaway

Moline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Moline, IL

How much do homes in Moline, IL cost?

Median Sold Price

$154,925

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,925(+4.7%)

Key Takeaway

Homes in Moline have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Moline was $154,925 in November 2024, up 4.7% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $65K$65.2K
0.3%
2 $120K$123.5K
+2.9%
3 $160.4K$154.9K
-3.4%
4 $196.5K$219.5K
+11.7%
5+ $238.2K$295K
+23.8%

Summary: Moline housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Cities

Coal Valley Township
+37.1%
Coal Valley
+32.2%
South Moline Township
+11.8%
Moline Township
+4.9%
Moline
+4.7%

Housing Supply in Moline, IL

How many homes are available in Moline, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
172157-8.7%

Summary: The Moline real estate market had 157 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 4339
-9.3%
3 8680
-7.0%
4 3530
-14.3%
5+ 76
-14.3%

Summary: The Moline housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5443-20.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moline, you may be able to get a good deal. 34.9% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in Moline in November 2024, down by 20.4% month-over-month. Of the 43 sold homes, 35% were sold under asking, 30% were sold at asking, and 35% were sold over asking.

Days on Market for Moline, IL

How long does it take to sell a home in Moline, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days24 Days+39.0%

Summary: Homes in Moline had an average of 24 days on market in Nov 2024, up by 39% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moline are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 43 homes were sold in Moline; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Moline, IL

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