
A Close Look at the Quad-Cities Real Estate Market
The real estate market in Rock Island and Henry County shows promising movements as of May 18, 2025. Recent data from the RMLS Alliance highlights an active market with a variety of homes transacted across the region. This is not just a matter of numbers, but a reflection of broader trends affecting local economies and community development.
Key Trends in Home Sales
Recent statistics indicate an intriguing performance across several areas. For instance, in Rock Island and Milan, 70 homes were available on the market with a total value of over $12.5 million, reflecting an average home price of around $161,000. A total of 10 homes were sold, at an average sale price of approximately $158,250, with the market experiencing an average of 43 days on the market.
Moline, on the other hand, showcased a robust performance with 41 homes listed and 3 homes sold. The average sale price here soared to $358,685, indicating strong demand and possibly a limited supply.
Comparative Analysis of Neighborhoods
Looking closer at the neighborhoods reveals significant differences. East Moline reported fewer listings (27 homes) but saw a healthy turnover with 4 sales at an average price of $172,625, indicating solid interest in that area. Meanwhile, Coal Valley and Orion, although having only 5 homes on the market, also had 3 homes sold, with an average price of around $172,000, giving it a significantly high average value per home.
Understanding Average Values and Market Dynamics
The averages serve as crucial indicators. The average home value across the Quad-Cities points to both affordability in certain areas and luxury options in others. For example, Upper Rock Island County reported an average home value of $613,469, suggesting a segment of the market that caters to higher-end buyers.
Community Impact of Home Sales
The ebb and flow of real estate transactions don't just fill numbers on a spreadsheet—they invigorate local businesses and contribute to community growth. As homes change hands, new families move in, and local schools, restaurants, and shops are positively impacted by these new residents.
Future Predictions for Real Estate in the Area
Looking ahead, experts suggest that the regional market may continue to strengthen, particularly if job growth remains steady in nearby cities. This is an opportune time for buyers, as interest rates remain relatively low, and inventory levels are expected to adjust as summer approaches, potentially leading to more sales.
Connecting with Local Real Estate Agents
If you’re considering buying or selling in the Quad-Cities region, engaging with local real estate agents can provide invaluable insights. These professionals understand the nuances of the market and can help navigate through the complexities of residential transactions.
Encouraging Community Engagement
The fluctuation in real estate activity prompts a call to action for community members to stay informed and involved. Understanding how these trends may affect local infrastructure and community services is valuable for both current and future residents.
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