Moline, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Moline Neighborhoods Since 2000




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

Moline Housing Market Information

With a population of 42,681, 18,227 total housing units (homes and apartments), and a median house value of $121,647, house prices in Moline are solidly below the national average.

Single-family detached homes are the single most common housing type in Moline, accounting for 67.08% of the city's housing units. Other types of housing that are prevalent in Moline include large apartment complexes or high rise apartments ( 17.52%), duplexes, homes converted to apartments or other small apartment buildings ( 8.20%), and a few row houses and other attached homes ( 5.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moline. Owner-occupied housing accounts for 66.02% of Moline's homes, and 50.03% have either three or four bedrooms, which is average sized relative to America.

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. Moline's housing was primarily built during this period, from the '40s through the '60s. A full 41.67% of the city's housing hails from this era. Other housing ages represented in Moline include homes built before 1939 ( 29.34%) and housing constructed between 1970-1999 ( 22.70%). There's also some housing in Moline built between 2000 and later ( 6.30%).

Moline Home Appreciation Rates

Appreciation rates for homes in Moline have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.18%, which ranks in the top 40% nationwide. This equates to an annual average Moline house appreciation rate of 0.51%.

NeighborhoodScout's data show that during the latest twelve months, Moline's appreciation rate, at 3.34%, has been at or slightly above the national average. In the latest quarter, Moline's appreciation rate has been -0.58%, which annualizes to a rate of -2.29%.

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

Relative to Illinois, our data show that Moline's latest annual appreciation rate is higher than 60% 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 Moline differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in 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 Moline real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$121,647

Moline, IL HOME PRICES

Value Range
> $1,054,000 0.2
$790,001 - $1,054,000 0.5
$527,001 - $790,000 0.2
$421,001 - $527,000 0.7
$316,001 - $421,000 2.5
$211,001 - $316,000 9.3
$105,001 - $211,000 42.3
$53,001 - $105,000 38.9
$0 - $53,000 5.5

Average for IL
Low for Nation

Value Relative to Nation Value Relative to State
64.4849408180007 55.5696202531646

Number Of Homes And Apartments:
18,227

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
27.56% 1.42% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$888 / per month

Homeownership Rate

Homeownership
Owners 66.02
Renters 33.98
Vacant 7.83

Housing Market Details

 

Age of Homes

AGE OF Moline HOMES
2000 or Newer 6.3
1970 - 1999 22.7
1940 - 1969 41.7
1939 or Older 29.3

Types of Homes

TYPE OF Moline HOMES
Single-Family 67.1
Townhomes 5.4
Small Apt. Buildings 8.2
Apt. Complexes 17.5
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Moline HOMES
No Bedroom 2.44
1 Bedroom 11.09
2 Bedrooms 33.53
3 Bedrooms 36.67
4 Bedrooms 13.36
5 or more bedrooms 2.91