It goes without saying that the coronavirus pandemic sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.
The pandemic became a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. Since then, increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Davenport-Moline-Rock Island, IA-IL metro area using data from Zillow. Cities are ranked by 1-year price change as of May 2023. The typical home value in the United States increased over the last year by 0.9% to $346,856. Data was available for 48 cities and towns in Davenport.
You may also like: People from these metros are looking to buy homes in Davenport
#30. Cambridge, IL
- 1-year price change: +$4,089 (+3.5%)
- 5-year price change: +$27,847 (+30.0%)
- Typical home value: $120,767 (#38 most expensive city in metro)
#29. Viola, IL
- 1-year price change: +$4,192 (+3.1%)
- 5-year price change: +$40,742 (+41.5%)
- Typical home value: $138,892 (#32 most expensive city in metro)
#28. Silvis, IL
- 1-year price change: +$4,243 (+3.2%)
- 5-year price change: +$30,523 (+29.0%)
- Typical home value: $135,910 (#33 most expensive city in metro)
#27. Rock Island, IL
- 1-year price change: +$4,702 (+4.2%)
- 5-year price change: +$28,497 (+32.3%)
- Typical home value: $116,649 (#39 most expensive city in metro)
#25. East Moline, IL
- 1-year price change: +$5,787 (+4.6%)
- 5-year price change: +$31,635 (+31.3%)
- Typical home value: $132,629 (#34 most expensive city in metro)
#24. Bettendorf, IA
- 1-year price change: +$5,869 (+2.0%)
- 5-year price change: +$71,282 (+31.4%)
- Typical home value: $298,030 (#6 most expensive city in metro)
#23. Sherrard, IL
- 1-year price change: +$6,390 (+3.1%)
- 5-year price change: +$63,760 (+43.8%)
- Typical home value: $209,276 (#16 most expensive city in metro)
#22. Coyne Center, IL
- 1-year price change: +$6,452 (+4.2%)
- 5-year price change: +$33,233 (+26.6%)
- Typical home value: $158,352 (#26 most expensive city in metro)
#20. Blue Grass, IA
- 1-year price change: +$7,275 (+2.4%)
- 5-year price change: +$81,417 (+35.6%)
- Typical home value: $310,055 (#4 most expensive city in metro)
#19. Andalusia, IL
- 1-year price change: +$7,369 (+4.2%)
- 5-year price change: +$52,302 (+40.7%)
- Typical home value: $180,873 (#19 most expensive city in metro)
#18. Le Claire, IA
- 1-year price change: +$8,365 (+2.6%)
- 5-year price change: +$90,808 (+38.5%)
- Typical home value: $326,930 (#2 most expensive city in metro)
#17. Rapids City, IL
- 1-year price change: +$8,446 (+4.2%)
- 5-year price change: +$41,381 (+24.6%)
- Typical home value: $209,491 (#15 most expensive city in metro)
#15. Eldridge, IA
- 1-year price change: +$10,639 (+3.6%)
- 5-year price change: +$80,009 (+34.8%)
- Typical home value: $309,999 (#5 most expensive city in metro)
#14. Cordova, IL
- 1-year price change: +$11,808 (+6.6%)
- 5-year price change: +$41,891 (+28.0%)
- Typical home value: $191,429 (#18 most expensive city in metro)
#13. Reynolds, IL
- 1-year price change: +$12,101 (+8.1%)
- 5-year price change: +$46,895 (+40.8%)
- Typical home value: $161,920 (#24 most expensive city in metro)
#12. Woodhull, IL
- 1-year price change: +$12,827 (+10.8%)
- 5-year price change: +$36,437 (+38.1%)
- Typical home value: $132,126 (#35 most expensive city in metro)
#11. Walcott, IA
- 1-year price change: +$14,165 (+5.8%)
- 5-year price change: +$79,180 (+44.2%)
- Typical home value: $258,131 (#10 most expensive city in metro)
You may also like: Cheapest gas stations in Davenport
#10. Port Byron, IL
- 1-year price change: +$14,523 (+5.8%)
- 5-year price change: +$75,794 (+40.0%)
- Typical home value: $265,446 (#9 most expensive city in metro)
#9. Annawan, IL
- 1-year price change: +$15,036 (+10.7%)
- 5-year price change: +$39,145 (+33.7%)
- Typical home value: $155,468 (#27 most expensive city in metro)
#8. Coal Valley, IL
- 1-year price change: +$15,331 (+6.9%)
- 5-year price change: +$67,735 (+40.2%)
- Typical home value: $236,359 (#11 most expensive city in metro)
#7. Princeton, IA
- 1-year price change: +$15,590 (+5.6%)
- 5-year price change: +$95,607 (+48.3%)
- Typical home value: $293,452 (#7 most expensive city in metro)
#5. Geneseo, IL
- 1-year price change: +$15,977 (+8.2%)
- 5-year price change: +$51,171 (+32.0%)
- Typical home value: $211,291 (#14 most expensive city in metro)
#4. Colona, IL
- 1-year price change: +$17,268 (+11.8%)
- 5-year price change: +$37,024 (+29.2%)
- Typical home value: $163,961 (#22 most expensive city in metro)
#3. Orion, IL
- 1-year price change: +$18,090 (+10.3%)
- 5-year price change: +$51,931 (+36.7%)
- Typical home value: $193,426 (#17 most expensive city in metro)
#2. Atkinson, IL
- 1-year price change: +$19,462 (+13.8%)
- 5-year price change: +$46,565 (+41.0%)
- Typical home value: $160,243 (#25 most expensive city in metro)
