61101 Home Values & Market Trends

There are 17 homes currently listed for 61101. 61101 real estate market trends show that home prices range from $29,900 to $375,000, and the median sales price in the 61101 zip code is $75,224.56. The total number of properties sold within the past twelve months is 385. In 61101, 10 properties are in foreclosure, 5 are bank owned properties,and 5 are headed for auction.

61101 Real Estate Market Overview

CityMedian Est. Value
Rockford

$ 153,662

$ 100/sqft

Housing Market Summary for 61101

Apr 2023March 2024Change
Median Listing Price$76,400$76,7940.52%
Median Sold Price$57,660$76,79433.18%
Homes For Sale2417-29.17%
Homes Sold15818013.92%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 61101

The median list price of a home in Rockford, is $75,224.56. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 61101 properties is 6,184.

Foreclosure
There is 1 cities within 61101; within this cities, the median estimated home value for homes in foreclosure ranges from $236,694 in rockford to the lowest value of $23,400 in rockford. Foreclosure homes account for 0.00% of properties in 61101 with rockford containing 71 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 61101 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61101; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61101 ranges from the highest value of $203,585 in rockford to the lowest value of $23,400 in rockford. Bank owned homes and properties account for 0.08% of properties in 61101. There is 1 cities within 61101; rockford containing 29 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    rockford has 42 auction properties, the highest number of properties going to auction in a single city in the state of 61101. Auction homes and other auction properties account for 0.08% of all properties in 61101. There is 1 cities within 61101; of that cities, the median estimated home value for homes going to auction ranges from $236,694 in rockford to the lowest value of $45,318 in rockford.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in 61101 with rockford containing 200 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61101; homes for sale in that cities, have a range of median values from $957,065 in rockford to the lowest value of $25,845 in rockford.
    Sold Homes
    The median value for recently sold homes ranges from $956,175 in rockford to the lowest price of $19,508 in rockford. There is 1 cities within 61101. rockford has 1634 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.07% of properties in 61101.

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      Guide for 61101

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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

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      Home Buying Financing|posted 5 April 2024

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      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.

      Recently Listed Homes 61101

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