Why Live in Molette
Molette, a neighborhood in Moline, features small starter homes with leafy lawns and mature trees, making it an attractive option for first-time homebuyers. The homes, built in the 1940s, are typically around 1,000 square feet and include ranch-style, split-level, and brick cottages. Yard sizes range from 5,000 to 10,000 square feet, providing ample space for landscaping. The neighborhood is known for its affordability, with homes generally selling below the city's median price. Molette is conveniently located less than a mile from Riverside Park and Aquatic Center, which offers athletic fields, play areas, and an outdoor swimming pool. For indoor activities, Two Rivers YMCA is about a mile east, offering various programs for all ages. The Avenue of the Cities, a major commercial corridor, borders the neighborhood, providing easy access to grocery stores, pharmacies, and dining options like Uncle Pete’s and Papa Murphy’s. Moline High School, which has a high rating, is within walking distance, along with Roosevelt and George Washington Elementary Schools and Woodrow Wilson Middle School. The neighborhood's proximity to Interstate 74 and several bus routes makes commuting convenient, with downtown Moline just 3 miles away and Davenport 7 miles away.
Frequently Asked Questions
Is Molette a good place to live?
Molette is a good place to live. Molette is considered somewhat walkable and somewhat bikeable with some transit options. Molette is a suburban neighborhood. Molette has 5 parks for recreational activities. It is fairly sparse in population with 5.2 people per acre and a median age of 41. The average household income is $84,857 which is below the national average. College graduates make up 27.5% of residents. A majority of residents in Molette are home owners, with 21.2% of residents renting and 78.8% of residents owning their home. A
local real estate agent serving Molette can help you decide if this neighborhood is the right one for you. Learn more on our
Molette neighborhood guide.
How much do you need to make to afford a house in Molette?
The median home price in Molette is $325,900. If you put a 20% down payment of $65,200 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,690 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in Molette. The average household income in Molette is $85K.
What are the best public schools in Molette?
The best public schools that serve Molette are:
What are the best private schools in Molette?
The best private schools that serve Molette are:
What are the most popular zip codes in Molette, Moline, IL?
What are the most popular neighborhoods near Molette, Moline, IL?
Are home prices dropping in Molette?
Yes, home prices in Molette are down 18% in the last 12 months.
Home Trends in Molette, IL
On average, homes in Molette, Moline sell after 129 days on the market compared to the national average of 70 days. The median sale price for homes in Molette, Moline over the last 12 months is $168,000, down 61% from the median home sale price over the previous 12 months.
Median Sale Price
$168,000
Median Single Family Sale Price
$325,900
Median Townhouse Sale Price
$409,500
Median 2 Bedroom Sale Price
$168,000
Median 1 Bedroom Sale Price
$940,000
Average Price Per Sq Ft
$265
Number of Homes for Sale
4
Last 12 months Home Sales
29
Median List Price
$325,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-61%
