Loves Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $109,950
    2% ( $2,550 ) vs Sep 2013
  • Median Sales Price
    $90,000
    12% ( $12,450 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $50,411
    8% ( $3,911 ) vs Sep 2013
  • Foreclosures 346
    Homes for Sale 60
    Recently Sold 517

Market Summary

There are currently 346 properties in Loves Park, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 60.

In October, the number of properties that received a foreclosure filing in Loves Park, IL was 18% lower than the previous month and 44% lower than the same time last year.

Home sales for September 2014 were up 18% compared with the previous month, and down 37% compared with a year ago. The median sales price of a non-distressed home was $90,000. The median sales price of a foreclosure home was $50,411, or 44% lower than non-distressed home sales.

Sales Prices - Loves Park, IL




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$50,411 (Median Foreclosure Sales Price) $46,500 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $49,005 (Median Foreclosure Sales Price) $42,750 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $90,000 (Median Sales Price) $102,450 (Median Sales Price) $95,000 (Median Sales Price) $86,750 (Median Sales Price) $80,000 (Median Sales Price) $79,000 (Median Sales Price) $50,411 (Median Foreclosure Sales Price) $46,500 (Median Foreclosure Sales Price) $48,000 (Median Foreclosure Sales Price) $49,005 (Median Foreclosure Sales Price) $42,750 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $90,000 (Median Sales Price) $102,450 (Median Sales Price) $95,000 (Median Sales Price) $86,750 (Median Sales Price) $80,000 (Median Sales Price) $79,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
277
36.8
% (y-o-y)
$70,500
9.6
% (y-o-y)
55.9%
42.3
% (y-o-y)
Cherry Valley
44
388.9
% (y-o-y)
$133,469
20.0
% (y-o-y)
Data not available
Machesney Park
44
8.3
% (y-o-y)
$81,250
12.4
% (y-o-y)
37.7%
4.3
% (y-o-y)
Roscoe
43
43.3
% (y-o-y)
$162,000
13.1
% (y-o-y)
Data not available
Rockton
24
20.0
% (y-o-y)
$157,450
12.5
% (y-o-y)
Data not available
Winnebago
16
100.0
% (y-o-y)
$140,750
9.6
% (y-o-y)
18.3%
0.0
% (y-o-y)
South Beloit
11
38.9
% (y-o-y)
$115,750
7.7
% (y-o-y)
Data not available
Durand
10
233.3
% (y-o-y)
$111,500
8.2
% (y-o-y)
Data not available
Pecatonica
9
200.0
% (y-o-y)
$115,000
4.2
% (y-o-y)
Data not available
Kirkland
6
100.0
% (y-o-y)
$74,000
7.5
% (y-o-y)
Data not available

Local Info For Loves Park

Population:
23,723
Cost of Living Index: 91.57
Crime Index: 78.33     Rating: B View crime details
Schools: 10    Average School Rating: C+ View individual school rating
Household Median Income: $49,503
Unemployment: 8.40%
Percentage of vacant homes: 7.32%