Loves Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $107,400
    2% ( $2,500 ) vs Aug 2013
  • Median Sales Price
    $102,450
    8% ( $7,450 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $46,500
    3% ( $1,500 ) vs Aug 2013
  • Foreclosures 354
    Homes for Sale 172
    Recently Sold 481

Market Summary

There are currently 354 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 172.

In September, the number of properties that received a foreclosure filing in Loves Park, IL was 23% lower than the previous month and 48% lower than the same time last year.

Home sales for August 2014 were up 62% compared with the previous month, and up 48% compared with a year ago. The median sales price of a non-distressed home was $102,450. The median sales price of a foreclosure home was $46,500, or 55% lower than non-distressed home sales.

Sales Prices - Loves Park, IL




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$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) $51,600 (Median Foreclosure 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) $74,000 (Median 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) $51,600 (Median Foreclosure 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) $74,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
254
38.2
% (y-o-y)
$70,600
10.6
% (y-o-y)
54.5%
47.5
% (y-o-y)
Roscoe
26
44.7
% (y-o-y)
$158,675
10.5
% (y-o-y)
Data not available
Machesney Park
26
48.0
% (y-o-y)
$89,900
16.0
% (y-o-y)
54.2%
45.3
% (y-o-y)
Rockton
19
44.1
% (y-o-y)
$145,000
3.3
% (y-o-y)
Data not available
Winnebago
19
46.2
% (y-o-y)
$143,000
7.7
% (y-o-y)
Data not available
South Beloit
16
30.4
% (y-o-y)
$105,900
5.9
% (y-o-y)
Data not available
Cherry Valley
6
25.0
% (y-o-y)
$133,469
17.6
% (y-o-y)
Data not available
Durand
6
0.0
% (y-o-y)
$78,800
32.3
% (y-o-y)
Data not available
Pecatonica
5
50.0
% (y-o-y)
$119,500
4.5
% (y-o-y)
Data not available
Kirkland
1
75.0
% (y-o-y)
Data not available
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: 9.60%
Percentage of vacant homes: 7.32%