Is Silvis, IL 61282 a buyer’s or seller’s market?

The Silvis housing market right now

In the three months ending August 31, 2026, 31% of homes in Silvis, IL 61282 sold above their list price, the typical home went under contract in 28 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold more slowly (14 days then) and the median sale price rose 45% to $185,420. Overall, Silvis is less competitive than a year ago, which gives buyers more room.

Within Rock Island County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Silvis ranks #344 of 464 IL ZIP codes with enough sales (score 54 out of 100).

Nearby, buyers who want less competition could look at Cordova 61242 (0% sold over asking) or Hampton 61256 (10% sold over asking), while Rapids City 61278 (100% sold over asking) and Carbon Cliff 61239 (67% sold over asking) are even more competitive.