61102 Home Values & Market Trends

There are 15 homes currently listed for 61102. 61102 real estate market trends show that home prices range from $54,900 to $310,000, and the median sales price in the 61102 zip code is $69,818.11. The total number of properties sold within the past twelve months is 265. In 61102, 10 properties are in foreclosure, 5 are bank owned properties,and 5 are headed for auction.

61102 Real Estate Market Overview

CityMedian Est. Value
Rockford

$ 153,250

$ 97/sqft

Housing Market Summary for 61102

Apr 2023March 2024Change
Median Listing Price$78,000$70,673.5-9.39%
Median Sold Price$65,170$70,673.58.44%
Homes For Sale71042.86%
Homes Sold10414640.38%
Price
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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 61102

The median list price of a home in Rockford, is $69,818.11. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. The total count of 61102 properties is 5,160.

Foreclosure
There is 1 cities within 61102; within this cities, the median estimated home value for homes in foreclosure ranges from $385,258 in rockford to the lowest value of $23,400 in rockford. Foreclosure homes account for 0.00% of properties in 61102 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 61102 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 61102; 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 61102 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 0.10% of properties in 61102. There is 1 cities within 61102; rockford containing 28 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 61102. Auction homes and other auction properties account for 0.10% of all properties in 61102. There is 1 cities within 61102; 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 0.29% of residential properties in 61102 with rockford containing 212 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61102; homes for sale in that cities, have a range of median values from $957,065 in rockford to the lowest value of $30,080 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 61102. rockford has 1483 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.58% of properties in 61102.

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      Guide for 61102

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.