East Moline, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating East Moline Neighborhoods Since 2000




East Moline, IL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

East Moline Housing Market Information

With a population of 21,350, 8,371 total housing units (homes and apartments), and a median house value of $120,106, house prices in East Moline are solidly below the national average.

Single-family detached homes are the single most common housing type in East Moline, accounting for 60.12% of the city's housing units. Other types of housing that are prevalent in East Moline include large apartment complexes or high rise apartments ( 24.24%), duplexes, homes converted to apartments or other small apartment buildings ( 7.31%), and a few row houses and other attached homes ( 5.28%).

People in East Moline primarily live in small (one, two or no bedroom) single-family detached homes. East Moline has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. East Moline's housing was primarily built during this period, from the '40s through the '60s. A full 42.32% of the city's housing hails from this era. Other housing ages represented in East Moline include homes built between 1970-1999 ( 35.29%) and housing constructed before 1939 ( 15.48%). There's also some housing in East Moline built between 2000 and later ( 6.91%).

East Moline Home Appreciation Rates

Real estate appreciation rates in East Moline's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.01% during the period.

Over the last year, East Moline appreciation rates have trailed the rest of the nation. In the last twelve months, East Moline's appreciation rate has been 2.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Moline were at -0.58%, which equates to an annual appreciation rate of -2.29%.

Notably, East Moline's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Illinois, our data show that East Moline's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within East Moline differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in East Moline - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best East Moline real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$120,106

East Moline, IL HOME PRICES

Value Range
> $1,038,000 0.7
$778,001 - $1,038,000 0.2
$518,001 - $778,000 0.6
$415,001 - $518,000 0.4
$311,001 - $415,000 2.3
$208,001 - $311,000 7.6
$103,001 - $208,000 45.3
$52,001 - $103,000 31.6
$0 - $52,000 11.2

Average for IL
Low for Nation

Value Relative to Nation Value Relative to State
65.3521621938357 56.2025316455696

Number Of Homes And Apartments:
8,371

East Moline Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
23.49% 1.23% 5 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$754 / per month

Homeownership Rate

Homeownership
Owners 58.12
Renters 41.88
Vacant 9.31

Housing Market Details

 

Age of Homes

AGE OF East Moline HOMES
2000 or Newer 6.9
1970 - 1999 35.3
1940 - 1969 42.3
1939 or Older 15.5

Types of Homes

TYPE OF East Moline HOMES
Single-Family 60.1
Townhomes 5.3
Small Apt. Buildings 7.3
Apt. Complexes 24.2
Mobile Homes 3.1
Other 0.0

Home Size

SIZE OF East Moline HOMES
No Bedroom 1.22
1 Bedroom 20.36
2 Bedrooms 29.88
3 Bedrooms 35.79
4 Bedrooms 9.73
5 or more bedrooms 3.02