Loves Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $109,900
    12% ( $11,450 ) vs May 2013
  • Median Sales Price
    $80,000
    1% ( $1,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $42,750
    7% ( $2,750 ) vs May 2013
  • Foreclosures 409
    Homes for Sale 199
    Recently Sold 454

Market Summary

There are currently 409 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 199.

In June, the number of properties that received a foreclosure filing in Loves Park, IL was 64% lower than the previous month and 67% lower than the same time last year.

Home sales for May 2014 were up 28% compared with the previous month, and down 32% compared with a year ago. The median sales price of a non-distressed home was $80,000. The median sales price of a foreclosure home was $42,750, or 47% lower than non-distressed home sales.

Sales Prices - Loves Park, IL




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$42,750 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $51,600 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $48,500 (Median Foreclosure Sales Price) $80,000 (Median Sales Price) $79,000 (Median Sales Price) $74,000 (Median Sales Price) $69,500 (Median Sales Price) $72,500 (Median Sales Price) $80,500 (Median Sales Price) $42,750 (Median Foreclosure Sales Price) $40,000 (Median Foreclosure Sales Price) $51,600 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $48,500 (Median Foreclosure Sales Price) $80,000 (Median Sales Price) $79,000 (Median Sales Price) $74,000 (Median Sales Price) $69,500 (Median Sales Price) $72,500 (Median Sales Price) $80,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Rockford
269
9.7
% (y-o-y)
$63,000
21.3
% (y-o-y)
53.2%
55.8
% (y-o-y)
Roscoe
21
38.2
% (y-o-y)
$147,700
6.8
% (y-o-y)
29.8%
27.5
% (y-o-y)
Machesney Park
20
47.4
% (y-o-y)
$101,000
20.2
% (y-o-y)
59.6%
26.2
% (y-o-y)
Rockton
19
5.0
% (y-o-y)
$120,000
14.9
% (y-o-y)
Data not available
South Beloit
11
38.9
% (y-o-y)
$116,500
2.2
% (y-o-y)
70.0%
33.3
% (y-o-y)
Durand
8
0.0
% (y-o-y)
$74,050
26.0
% (y-o-y)
Data not available
Pecatonica
7
75.0
% (y-o-y)
$76,000
22.6
% (y-o-y)
Data not available
Winnebago
7
40.0
% (y-o-y)
$125,900
5.7
% (y-o-y)
Data not available
Kirkland
4
100.0
% (y-o-y)
$160,000
0.0
% (y-o-y)
Data not available
Shirland
3
0.0
% (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: 9.10%
Percentage of vacant homes: 7.32%