Is Moline Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Moline Township has remained a Seller's Market.
Housing Prices in Moline Township, IL
How much do homes in Moline Township, IL cost?
Median Sold Price
$150,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Moline Township was $150,000 in May 2024, up 12.8% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $58K | $63.2K | +9.0% |
2 Bedrooms | $112.5K | $120.1K | +6.8% |
3 Bedrooms | $137.9K | $162.5K | +17.8% |
4 Bedrooms | $182.5K | $205K | +12.3% |
5+ Bedrooms | $163K | $300K | +84.0% |
Summary: Moline Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 84%.
Median Sold Price Compared To Nearby Cities
Rock Island Township | $94.6K | $130.1K | +37.5% |
Moline Township | $133K | $150K | +12.8% |
South Moline Township | $149.8K | $165.1K | +10.2% |
Moline | $140K | $150K | +7.1% |
South Rock Island Township | $139.9K | $140K | 0.0% |
Housing Supply in Moline Township, IL
How many homes are available in Moline Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
120 | 140 | +16.7% |
Summary: The Moline Township real estate market had 140 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 32 | 40 | +25.0% |
3 Bedrooms | 56 | 63 | +12.5% |
4 Bedrooms | 24 | 26 | +8.3% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Moline Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 47 | +88.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Moline Township in May 2024, up by 88.0% month-over-month. Of the 47 sold homes, 34% were sold under asking, 11% were sold at asking, and 55% were sold over asking.
Days on Market for Moline Township, IL
How long does it take to sell a home in Moline Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 20 Days | +88.8% |
Summary: Homes in Moline Township had an average of 20 days on market in May 2024, up by 88.8% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 47 homes were sold in Moline Township; 83% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.