Metropolitan Statistical Area (MSA):

Davenport-Moline-Rock Island, IA-IL

Davenport-Moline-Rock Island, IA-IL is a Metropolitan Statistical Area (MSA) comprising counties including .

The Real Estate Market in the Davenport-Moline-Rock Island, IA-IL Metropolitan Statistical Area

There is no doubt that the Davenport-Moline-Rock Island, IA-IL metropolitan statistical area (MSA) has seen some incredible real estate trends over the past few years. The most notable trend has been the rise in home prices, which have been driven by a strong economy and low interest rates. According to Zillow, the median home value in the MSA is $153,700, which is up 8.4% from last year. This trend is expected to continue as more people are moving to the area for jobs and retirement.

Another significant trend in the MSA real estate market has been the increasing popularity of condo living. This is likely due to the fact that condos are more affordable than single-family homes and offer many of the same amenities. According to Trulia, the median condo price in the MSA is $130,000, which is down 2% from last year. However, this decrease is not expected to last as demand for condos continues to increase.

Overall, it is clear that there are many positive trends taking place in the MSA real estate market. Home prices are on the rise and more people are choosing to live in condos instead of single-family homes. These trends are expected to continue as more people move to the area for jobs and retirement.

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