Loves Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $85,400
    12% ( $12,000 ) vs Jan 2014
  • Median Sales Price
    $77,500
    7% ( $6,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $55,000
    34% ( $14,079 ) vs Jan 2014
  • Foreclosures 340
    Homes for Sale 128
    Recently Sold 362

Market Summary

There are currently 340 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 128.

In February, the number of properties that received a foreclosure filing in Loves Park, IL was 17% lower than the previous month and 0% higher than the same time last year.

Home sales for January 2015 were down 66% compared with the previous month, and down 63% compared with a year ago. The median sales price of a non-distressed home was $77,500. The median sales price of a foreclosure home was $55,000, or 29% lower than non-distressed home sales.

Sales Prices - Loves Park, IL




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$55,000 (Median Foreclosure Sales Price) $40,921 (Median Foreclosure Sales Price) $50,821 (Median Foreclosure Sales Price) $51,661 (Median Foreclosure Sales Price) $50,411 (Median Foreclosure Sales Price) $46,500 (Median Foreclosure Sales Price) $77,500 (Median Sales Price) $83,500 (Median Sales Price) $83,000 (Median Sales Price) $87,500 (Median Sales Price) $90,000 (Median Sales Price) $102,450 (Median Sales Price) $55,000 (Median Foreclosure Sales Price) $40,921 (Median Foreclosure Sales Price) $50,821 (Median Foreclosure Sales Price) $51,661 (Median Foreclosure Sales Price) $50,411 (Median Foreclosure Sales Price) $46,500 (Median Foreclosure Sales Price) $77,500 (Median Sales Price) $83,500 (Median Sales Price) $83,000 (Median Sales Price) $87,500 (Median Sales Price) $90,000 (Median Sales Price) $102,450 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
189
3.8
% (y-o-y)
$62,100
8.7
% (y-o-y)
22.7%
48.5
% (y-o-y)
Machesney Park
17
5.6
% (y-o-y)
$82,500
5.9
% (y-o-y)
59.4%
43.2
% (y-o-y)
Roscoe
13
0.0
% (y-o-y)
$165,050
17.9
% (y-o-y)
29.8%
14.6
% (y-o-y)
Rockton
8
14.3
% (y-o-y)
$140,500
6.8
% (y-o-y)
Data not available
South Beloit
7
30.0
% (y-o-y)
$110,500
6.9
% (y-o-y)
Data not available
Cherry Valley
5
16.7
% (y-o-y)
$156,000
1.6
% (y-o-y)
Data not available
Pecatonica
4
0.0
% (y-o-y)
$132,750
68.0
% (y-o-y)
Data not available
Davis Junction
3
0.0
% (y-o-y)
$113,500
5.4
% (y-o-y)
Data not available
Durand
2
60.0
% (y-o-y)
$155,250
6.0
% (y-o-y)
Data not available
Winnebago
2
50.0
% (y-o-y)
$123,000
14.4
% (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: 8.20%
Percentage of vacant homes: 7.32%