Loves Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $98,000
    5% ( $4,500 ) vs Feb 2013
  • Median Sales Price
    $69,500
    4% ( $3,000 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $49,000
    0% ( $0 ) vs Feb 2013
  • Foreclosures 446
    Homes for Sale 152
    Recently Sold 597

Market Summary

There are currently 446 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 152.

In March, the number of properties that received a foreclosure filing in Loves Park, IL was 21% lower than the previous month and 48% lower than the same time last year.

Home sales for February 2014 were down 37% compared with the previous month, and up 31% compared with a year ago. The median sales price of a non-distressed home was $69,500. The median sales price of a foreclosure home was $49,000, or 29% lower than non-distressed home sales.

Sales Prices - Loves Park, IL




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$49,000 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $48,500 (Median Foreclosure Sales Price) $55,500 (Median Foreclosure Sales Price) $58,000 (Median Foreclosure Sales Price) $71,270 (Median Foreclosure Sales Price) $69,500 (Median Sales Price) $72,500 (Median Sales Price) $80,500 (Median Sales Price) $100,000 (Median Sales Price) $100,500 (Median Sales Price) $91,000 (Median Sales Price) $49,000 (Median Foreclosure Sales Price) $49,000 (Median Foreclosure Sales Price) $48,500 (Median Foreclosure Sales Price) $55,500 (Median Foreclosure Sales Price) $58,000 (Median Foreclosure Sales Price) $71,270 (Median Foreclosure Sales Price) $69,500 (Median Sales Price) $72,500 (Median Sales Price) $80,500 (Median Sales Price) $100,000 (Median Sales Price) $100,500 (Median Sales Price) $91,000 (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)
Belvidere
23
43.8
% (y-o-y)
$114,000
0.9
% (y-o-y)
16.7%
0.4
% (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)
Rockton
13
225.0
% (y-o-y)
$128,250
12.0
% (y-o-y)
42.9%
9.8
% (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)
Durand
7
250.0
% (y-o-y)
$135,900
101.3
% (y-o-y)
Data not available
Pecatonica
6
100.0
% (y-o-y)
$112,250
19.8
% (y-o-y)
Data not available
Caledonia
5
400.0
% (y-o-y)
$215,550
0.0
% (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: 11.10%
Percentage of vacant homes: 7.32%