Moline, Illinois Housing Market Prices
Moline Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 19% below the Illinois median$121,003
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Median rent 30% below the Illinois median$895
Housing Market Overview
| Metric | Moline | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,003 | $149,936 | $248,835 |
| Price Trend (Annual %) | 2.6% | 2.5% | 7.5% |
| Median Gross Rent | $895 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 3.6% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Moline is about 19% lower than in Illinois. Rent is about 30% lower than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Moline, up about 2.6% and 3.6% a year respectively. Rent is changing faster.
Median rent in Moline rose about 31.0% between 2015 and 2024, from $683 to $895. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Moline.
Buying the median-priced home in Moline costs roughly 11.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Moline. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Moline | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $121,003 | $149,936 | $248,835 |
| Median Household Income | $68,559 | $84,042 | $80,455 |
| Price-to-Income Ratio | 1.8 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Moline rose about 6.4%, while median household income rose about 38.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Moline | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.2% | 61.9% | 58.5% |
| Rental Rate | 30.6% | 30.4% | 31.2% |
| Vacancy Rate | 6.2% | 7.7% | 10.2% |
| Median Tenure (years) | 13.0 | 16.0 | 15.0 |
| Median Year Moved In | 2013 | 2010 | 2011 |
Moline has a homeownership rate of 63.2%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 6.2%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Moline | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1956 | 1969 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Moline was built around 1956. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Moline, Illinois.
What is the median home price in Moline, Illinois?
The median home price in Moline, Illinois is $121,003, lower than the Illinois average of $149,936.
What is the average home price in Moline, Illinois?
The typical home price in Moline, Illinois, reported as the median sale price, is $121,003. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Moline, Illinois?
The median gross rent in Moline, Illinois is $895 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Moline in 2020?
In 2020, the median gross rent in Moline, Illinois was $768 per month.
What is the price-to-rent ratio in Moline, Illinois?
The price-to-rent ratio in Moline, Illinois is about 11.3, meaning it would take roughly 11.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Moline.
Are home prices or rent rising faster in Moline, Illinois?
Both home prices and rent are rising in Moline, up about 2.6% and 3.6% a year respectively. Rent is changing faster.
What is the homeownership rate in Moline, Illinois?
63.2% of households in Moline, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Moline, Illinois?
The housing vacancy rate in Moline, Illinois is 6.2%, lower than the Illinois average of 7.7%.
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