Belvidere Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $116,600
    10% ( $10,150 ) vs Feb 2013
  • Median Sales Price
    $114,000
    5% ( $6,000 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $95,000
    5% ( $4,500 ) vs Feb 2013
  • Foreclosures 189
    Homes for Sale 115
    Recently Sold 233

Market Summary

There are currently 189 properties in Belvidere, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 115.

In March, the number of properties that received a foreclosure filing in Belvidere, IL was 60% higher than the previous month and 29% lower than the same time last year.

Home sales for February 2014 were up 1200% compared with the previous month, and up 62% compared with a year ago. The median sales price of a non-distressed home was $114,000. The median sales price of a foreclosure home was $95,000, or 17% lower than non-distressed home sales.

Sales Prices - Belvidere, IL




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$95,000 (Median Foreclosure Sales Price) $90,500 (Median Foreclosure Sales Price) $86,000 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $94,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $114,000 (Median Sales Price) $120,000 (Median Sales Price) $120,000 (Median Sales Price) $115,000 (Median Sales Price) $120,000 (Median Sales Price) $122,000 (Median Sales Price) $95,000 (Median Foreclosure Sales Price) $90,500 (Median Foreclosure Sales Price) $86,000 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $94,000 (Median Foreclosure Sales Price) $105,000 (Median Foreclosure Sales Price) $114,000 (Median Sales Price) $120,000 (Median Sales Price) $120,000 (Median Sales Price) $115,000 (Median Sales Price) $120,000 (Median Sales Price) $122,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
145
40.1
% (y-o-y)
$63,000
9.9
% (y-o-y)
49.5%
47.7
% (y-o-y)
Loves Park
21
23.5
% (y-o-y)
$69,500
18.7
% (y-o-y)
29.5%
18.4
% (y-o-y)
Machesney Park
17
32.0
% (y-o-y)
$80,657
13.2
% (y-o-y)
42.8%
26.0
% (y-o-y)
Marengo
13
7.1
% (y-o-y)
$148,750
10.2
% (y-o-y)
58.0%
5.1
% (y-o-y)
Poplar Grove
13
0.0
% (y-o-y)
$116,500
1.3
% (y-o-y)
27.0%
23.7
% (y-o-y)
Roscoe
9
10.0
% (y-o-y)
$145,700
8.9
% (y-o-y)
32.0%
19.3
% (y-o-y)
South Beloit
9
35.7
% (y-o-y)
$115,000
4.2
% (y-o-y)
39.3%
0.0
% (y-o-y)
Harvard
9
52.6
% (y-o-y)
$103,750
26.0
% (y-o-y)
13.1%
67.6
% (y-o-y)
Caledonia
5
400.0
% (y-o-y)
$215,550
0.0
% (y-o-y)
Data not available
Union
5
150.0
% (y-o-y)
Data not available
Data not available

Local Info For Belvidere

Population:
25,303
Cost of Living Index: 93.28
Crime Index: 68.88     Rating: B+ View crime details
Schools: 10    Average School Rating: C View individual school rating
Household Median Income: $46,580
Unemployment: 11.20%
Percentage of vacant homes: 8.31%